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

June 30, 2008 - December 31, 2014

FA-07

General Information

On occasion, the 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 the YWCHSB. By application of this policy the YWCHSB may retain, as a deduction or set-off, the entire amount (or a portion of the entire amount) that would otherwise be paid to the vendor, service provider or other entity, in satisfaction of the debt or the obligation owed to the YWCHSB.

There are instances in which the YWCHSB cannot recover a debt or obligation owed to it, in which case the debt or obligation may be written off by application of this policy.

Purpose

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