Full text
If a person who is not a self-employed person to whom Part VII.1 applies has insurable earnings of more than $2,000 in a year, but the insurable earnings minus the aggregate of all deducted amounts mentioned in subsection (4) are less than $2,000, the Minister shall refund to the person an amount calculated in accordance with the following formula if that amount is more than $1:$2,000 – (IE – P) where IE is the person’s insurable earnings in the year; and P is the aggregate of all deducted amounts mentioned in subsection (4).