A-8.2 - Credit Assessment Agents Act

Full text
63. The costs that must be incurred by the Authority for the administration of this Act are to be borne by the credit assessment agents; they are determined annually by the Government based on the forecasts provided to it by the Authority.
The Government prescribes, by regulation, the rules determining the manner in which the Authority distributes the costs among the credit assessment agents.
The difference noted between the forecast of the costs that must be incurred for the administration of this Act for a year and those actually incurred for the same year must be carried over to similar costs determined by the Government for the year after the difference is noted.
The certificate of the Authority must definitively establish the amount payable by each agent under this section.
2020, c. 212020, c. 21, s. 63.
In force: 2021-02-01
63. The costs that must be incurred by the Authority for the administration of this Act are to be borne by the credit assessment agents; they are determined annually by the Government based on the forecasts provided to it by the Authority.
The Government prescribes, by regulation, the rules determining the manner in which the Authority distributes the costs among the credit assessment agents.
The difference noted between the forecast of the costs that must be incurred for the administration of this Act for a year and those actually incurred for the same year must be carried over to similar costs determined by the Government for the year after the difference is noted.
The certificate of the Authority must definitively establish the amount payable by each agent under this section.
2020, c. 212020, c. 21, s. 63.