R-5 - Act respecting the Régie de l’assurance maladie du Québec

Full text Where the amount of $7,000,000 specified in paragraph d of the definition of “total payroll threshold” in the first paragraph of section 33 must be used for a particular year subsequent to the year 2022, it is to be adjusted annually in such a manner that it is equal to the amount obtained by multiplying that amount of $7,000,000 by the proportion that the aggregate of the average weekly earnings of the industrial composite in Québec as established by Statistics Canada for each of the 12 months preceding 1 July of the year that precedes the particular year is of such an aggregate for each of the 12 months preceding 1 July 2021.
Where the amount that results from the adjustment provided for in the first paragraph is not a multiple of $100,000, it is to be rounded to the nearest multiple of $100,000 or, if it is equidistant from two such multiples, to the higher multiple.
2019, c. 142019, c. 14, s. 520.