thirty-two. (1) For the purposes of section 31, employment is eligible employment if it is paid employment in Ontario or voluntary work in Ontario or a combination of both totalling a minimum of 30 hours a week.
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(a) the entity is a registered charity within the meaning of the Tax Work (Canada) and is in good standing with the Canada Revenue Agency; or
(b) brand new organization was a business included given that a no longer-for-cash agency or comparable organization significantly less than a work off Canada otherwise a province otherwise region from Canada and that is during the an effective reputation in Operate.
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2. A local board within the meaning of subsection 1 (1) of the Civil Work, 2001 and a local board within the meaning of subsection 3 (1) of the City of Toronto Operate, 2006.
3. A district social service administration board within the meaning of subsection 1 (1) of the Section Social Features Management Boards Act.
5. A standard, supplementary otherwise blog post-secondary educational organization, whether or not it obtains regular performing features from Canada otherwise a payday loans in Illinois online province otherwise territory of Canada.
6. A hospital within the meaning of the Personal Medical facilities Work or a private hospital within the meaning of the . , s. 32 (3); , s. 1.
(4) An authorized charitable basis of the an entity discussed during the subsection (3) tends to be a qualified perhaps not-for-funds entity toward reason for so it Regulation.
(5) In which one is employed by or do voluntary work for an organization described inside subsection (3) in addition to organization was a subscribed foundation that fits what’s needed regarding term (2) (a), the person’s a job otherwise volunteer functions tends to be considered to get qualified work with an eligible maybe not-for-profit entity in the event your Minister is actually fulfilled that the person’s employment otherwise volunteer really works comprise completely otherwise mostly out-of administering otherwise promoting brand new charity points of the organization.
(6) To your purposes of subsection (5), examples of administering or producing charitable products include raising charitable donations and you will giving charitable finance.
33. (1) Despite subsection 30 (1), an individual is not required to make payments toward the interest accruing under a student loan agreement or consolidated loan agreement until the first day of the month immediately after the 12-month period following the month in which the individual ceased to be a qualifying student, where the Minister determines that,
(b) the business is become or received by the private in the season where in fact the private submits their unique software below that it section or for the several earlier calendar decades;
(d) the person is actually functioning no less than 31 circumstances weekly in the market. , s. 33 (1); , s. 5.
(2) Become qualified to receive a determination significantly less than subsection (1), an individual must submit a completed application form, while the approved by the Minister, to the provider before avoid of your own half dozen-month period set-out during the subsection 31 (1). , s. 33 (2).
(3) The applying shall are an attestation, from inside the a form approved by the Minister, which will be done by the candidate attesting he or she fits the needs set-out from inside the subsection (1). , s. 33 (3).
34. (1) The term for the repayment of a student loan is to be determined by the Minister in consultation with the borrower.
(2) New borrower was entitled to repay all otherwise area of the education loan, with no warning or incentive towards Minister, before the several months getting fees specified on consolidated financing contract ends.