P-40.1, r. 3 - Regulation respecting the application of the Consumer Protection Act

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123. Where a judgment, an agreement or transaction has been executed in accordance with sections 121.2 to 122.1, the merchant must make up the difference in the security furnished, so that the amount of the security always meets the requirements of section 104 or sections 108 to 108.1.3.3, as the case may be.
In the case of an itinerant merchant who also holds a licence issued by the Régie du bâtiment du Québec, where the security furnished in accordance with the Regulation respecting the professional qualification of contractors and owner-builders (chapter B-1.1, r. 9) is reduced or cancelled, the merchant must make up the difference in the security furnished so that the amount of the security always meets the requirements of sections 104 and 105.
Where the security furnished in accordance with that Regulation is increased, the president releases, on request by the merchant, the amount representing the difference between that security and the security furnished to the president after the time periods provided for in section 119.
R.R.Q., 1981, c. P-40.1, r. 1, s. 123; O.C. 1978-85, s. 14; O.C. 1148-90, s. 20; O.C. 815-2015, s. 19; 1244-2017O.C. 1244-2017, s. 18; 994-2018O.C. 994-2018, s. 65.
123. Where a judgment, an agreement or transaction has been executed in accordance with sections 121.2 to 122.1, the merchant must make up the difference in the security furnished, so that the amount of the security always meets the requirements of section 104 or sections 108 to 108.1.3, as the case may be.
In the case of an itinerant merchant who also holds a licence issued by the Régie du bâtiment du Québec, where the security furnished in accordance with the Regulation respecting the professional qualification of contractors and owner-builders (chapter B-1.1, r. 9) is reduced or cancelled, the merchant must make up the difference in the security furnished so that the amount of the security always meets the requirements of sections 104 and 105.
Where the security furnished in accordance with that Regulation is increased, the president releases, on request by the merchant, the amount representing the difference between that security and the security furnished to the president after the time periods provided for in section 119.
R.R.Q., 1981, c. P-40.1, r. 1, s. 123; O.C. 1978-85, s. 14; O.C. 1148-90, s. 20; O.C. 815-2015, s. 19; 1244-2017O.C. 1244-2017, s. 18.
123. Where a judgment, an agreement or transaction has been executed in accordance with sections 121.2 to 122.1, the merchant must make up the difference in the security furnished, so that the amount of the security always meets the requirements of section 104 or sections 108 to 108.1.3, as the case may be.
R.R.Q., 1981, c. P-40.1, r. 1, s. 123; O.C. 1978-85, s. 14; O.C. 1148-90, s. 20; O.C. 815-2015, s. 19.
123. Where a judgment, an agreement or transaction has been executed in accordance with sections 121.1 and 122, the merchant must make up the difference in the security furnished, so that the amount of the security always meets the requirements of section 104, 108 or 108.1, as the case may be.
R.R.Q., 1981, c. P-40.1, r. 1, s. 123; O.C. 1978-85, s. 14; O.C. 1148-90, s. 20.