F-3.2.0.1.1, r. 2 - Regulation respecting the percentage withheld by the Fonds d’aide aux actions collectives

Updated to 12 December 2023

This document has official status.

chapter F-3.2.0.1.1, r. 2

Regulation respecting the percentage withheld by the Fonds d’aide aux actions collectives

Act respecting the Fonds d’aide aux actions collectives

(chapter F-3.2.0.1.1, s. 38, par. a).

The former alphanumerical designation of this Regulation was: chapter R-2.1, r. 2.

1. For the purposes of section 42 of the Act respecting the Fonds d’aide aux actions collectives (chapter F-3.2.0.1.1), the percentage withheld by the Fonds d’aide aux actions collectives from the balance or from a liquidated claim shall be as follows:

(1)  on the balance established under article 596 of the Code of Civil Procedure (chapter C-25.01):

(a)  50% from any balance less than $100,000;

(b)  60% from any balance exceeding $100,000 but less than $200,000;

(c)  70% from any balance exceeding $200,000 but less than $500,000;

(d)  90% from any balance exceeding $500,000;

(2)  on the balance established under article 597 of the Code of Civil Procedure:

(a)  70% from any balance less than $100,000;

(b)  60% from any balance exceeding $100,000 but less than $200,000;

(c)  55% from any balance exceeding $200,000 but less than $300,000;

(d)  50% from any balance exceeding $300,000 but less than $400,000;

(e)  45% from any balance exceeding $400,000 but less than $500,000;

(f)  40% from any balance exceeding $500,000 but less than $600,000;

(g)  35% from any balance exceeding $600,000 but less than $800,000;

(h)  30% from any balance exceeding $800,000;

(3)  on any other liquidated claim under article 592 of the Code of Civil Procedure:

(a)  2% from any liquidated claim less than $2,000;

(b)  5% from any liquidated claim exceeding $2,000 but less than $5,000;

(c)  10% from any liquidated claim exceeding $5,000.

O.C. 1996-85, s. 1; I.N. 2016-01-01 (NCCP).

2. (Omitted).

O.C. 1996-85, s. 2.

REFERENCES

O.C. 1996-85, 1985 G.O. 2, 3981