A-3.001, r. 6 - Regulation respecting the determination of the rate of interest applicable for the purposes of sections 60, 90, 135, 261 and 364 of the Act respecting industrial accidents and occupational diseases

Updated to 12 December 2023

This document has official status.

chapter A-3.001, r. 6

Regulation respecting the determination of the rate of interest applicable for the purposes of sections 60, 90, 135, 261 and 364 of the Act respecting industrial accidents and occupational diseases

Act respecting industrial accidents and occupational diseases

(chapter A-3.001, s. 454, 1st par., subpar. 14).

DIVISION 1 INTERPRETATION

1. For the purposes of this Regulation, “quarter” means:

(1)  the period commencing on 1 January and ending on 31 March;

(2)  the period commencing on 1 April and ending on 30 June;

(3)  the period commencing on 1 July and ending on 30 September;

(4)  the period commencing on 1 October and ending on 31 December.

O.C. 1714-93, s. 1.

DIVISION 2 DETERMINATION OF THE RATE OF INTEREST

2. For each quarter of a calendar year, the rate of interest shall correspond to the interest rate for Québec savings bonds in force on the first day on the third month of the preceding quarter.

For the purposes of computing interest, the rate shall be assessed daily.

The rate of interest thus determined shall come into force on the first day of the quarter.

O.C. 1714-93, s. 2; O.C. 1281-2002, s. 1.

DIVISION 3 FINAL

3. (Omitted).

O.C. 1714-93, s. 3.

REFERENCES

O.C. 1714-93, 1993 G.O. 2, 6774

O.C. 1281-2002, 2002 G.O. 2, 5843