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E-25 - Act respecting expropriation
Section 104
Disposition versions
104. The indemnity for loss of suitability value may not exceed $31,524.
The maximum indemnity amount is adjusted by operation of law on 1 January of each year, according to the rate corresponding to the annual change in the overall average Québec consumer price index without alcoholic beverages, tobacco products and recreational cannabis for the 12-month period ending on 30 September of the year preceding that for which the maximum indemnity amount is to be adjusted. The adjusted amount is rounded down to the nearest dollar if it includes a dollar fraction that is less than $0.50, or up to the nearest dollar if it includes a dollar fraction that is equal to or greater than $0.50. The application of this indexation rule may not decrease the indemnity amount below its pre‑adjustment level. The Minister publishes the result of the adjustment in the Gazette officielle du Québec.
See notice of indexation; (2024) 156 G.O. 1, 104. (Effect from 1 January 2024)
104. The indemnity for loss of suitability value may not exceed $30,000.
The maximum indemnity amount is adjusted by operation of law on 1 January of each year, according to the rate corresponding to the annual change in the overall average Québec consumer price index without alcoholic beverages, tobacco products and recreational cannabis for the 12-month period ending on 30 September of the year preceding that for which the maximum indemnity amount is to be adjusted. The adjusted amount is rounded down to the nearest dollar if it includes a dollar fraction that is less than $0.50, or up to the nearest dollar if it includes a dollar fraction that is equal to or greater than $0.50. The application of this indexation rule may not decrease the indemnity amount below its pre‑adjustment level. The Minister publishes the result of the adjustment in the Gazette officielle du Québec.
In force: 2023-12-29
104. The indemnity for loss of suitability value may not exceed $30,000.
The maximum indemnity amount is adjusted by operation of law on 1 January of each year, according to the rate corresponding to the annual change in the overall average Québec consumer price index without alcoholic beverages, tobacco products and recreational cannabis for the 12-month period ending on 30 September of the year preceding that for which the maximum indemnity amount is to be adjusted. The adjusted amount is rounded down to the nearest dollar if it includes a dollar fraction that is less than $0.50, or up to the nearest dollar if it includes a dollar fraction that is equal to or greater than $0.50. The application of this indexation rule may not decrease the indemnity amount below its pre‑adjustment level. The Minister publishes the result of the adjustment in the Gazette officielle du Québec.
