Retention of Money and Write Offs

Retention of Money and Write Offs

Effective Dates

December 31, 2014 and still in effect

Policy Code

FA-07

General Information

On occasion, Yukon Workers’ Compensation Health and Safety Board (YWCHSB) purchases goods and services from vendors, service providers, and other entities that owe a debt or obligation to YWCHSB. By applying this policy, YWCHSB may retain, as a set off, the entire amount (or a portion of the entire amount) that would otherwise be paid to a person (such as a vendor, service provider or other entity), in satisfaction of the debt or obligation owed to YWCHSB.

In cases where YWCHSB cannot recover a debt or obligation owed to it, it can write it off by applying this policy.

Purpose

This policy clarifies when and how YWCHSB will retain money by way of set off, and when and how YWCHSB will write off a debt or obligation.

Retention of Money by Deduction or Set-Off,and and Write Off of Debts and Obligations

June 30, 2008 - December 31, 2014 | FA-07 | Finance, Investments and Administration

Retention of Money by Deduction or Set-Off, and Write Off of Debts and Obligations

March 7, 2005 - June 30, 2008 | FN-08 | Finance and Administration

Retention of Money by Deduction of Set-Off

October 14, 1996 - March 7, 2005 | FN-10 | Finance and Administration

Recovery of Overpaid Compensation

December 31, 2011 - December 31, 2015 | EL-04 | Earnings Loss