A-25 - Automobile Insurance Act

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54. For the year 1989, the amount of the Maximum Yearly Insurable Earnings is $38,000.
For the year 1990 and each subsequent year, the amount of the Maximum Yearly Insurable Earnings is obtained by multiplying the Maximum for the year 1989 by the ratio between the sum of the average of weekly salaries and wages of the Industrial Composite in Québec as established by Statistics Canada for each of the 12 months preceding 1 July of the year preceding the year for which the amount of the Maximum Yearly Insurable Earnings is computed and the same sum for each of the 12 months preceding 1 July 1988.
The amount of the Maximum Yearly Insurable Earnings shall be rounded off to the next highest $500 and is applicable for one year from 1 January of each year.
For the purposes of this section, the Société shall use the data furnished by Statistics Canada on 1 October of the year preceding the year for which the amount of the Maximum Yearly Insurable Earnings is computed.
If, on 1 October in any year, the data furnished by Statistics Canada are incomplete, the Société may use the data available at that time to establish the Maximum Yearly Insurable Earnings.
If Statistics Canada uses a new method to determine the average of weekly salaries and wages, the Société shall adjust the computation of the amount of the Maximum Yearly Insurable Earnings in relation to the evolution of the average of weekly salaries and wages from 1 January of the year following the change of method.
1977, c. 68, s. 54; 1989, c. 15, s. 1; 1990, c. 19, s. 11.
54. For the year 1989, the amount of the Maximum Yearly Insurable Earnings is $38 000.
For the year 1990 and each subsequent year, the amount of the Maximum Yearly Insurable Earnings is obtained by multiplying the Maximum for the year 1989 by the ratio between the sum of the average of weekly salaries and wages of the Industrial Composite in Québec as established by Statistics Canada for each of the 12 months preceding 1 July of the year preceding the year for which the amount of the Maximum Yearly Insurable Earnings is computed and the same sum for each of the 12 months preceding 1 July 1988.
The amount of the Maximum Yearly Insurable Earnings shall be rounded off to the next highest $500 and is applicable for one year from 1 January of each year.
For the purposes of this section, the Régie shall use the data furnished by Statistics Canada on 1 October of the year preceding the year for which the amount of the Maximum Yearly Insurable Earnings is computed.
If, on 1 October in any year, the data furnished by Statistics Canada are incomplete, the Régie may use the data available at that time to establish the Maximum Yearly Insurable Earnings.
If Statistics Canada uses a new method to determine the average of weekly salaries and wages, the Régie shall adjust the computation of the amount of the Maximum Yearly Insurable Earnings in relation to the evolution of the average of weekly salaries and wages from 1 January of the year following the change of method.
1977, c. 68, s. 54; 1989, c. 15, s. 1.
54. If the Régie considers that, prima facie, an application filed with it under section 53 appears to be founded, it may begin payment of the indemnity even before rendering its decision as to the right to the indemnity.
If the Régie subsequently concludes that the application is unacceptable or acceptable in part only, the sums paid under this section are not recoverable unless they were obtained through fraud.
1977, c. 68, s. 54.