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A-6.001, r. 0.1
- Regulation respecting the rounding off of adjusted fees
Table of contents
Enabling statute
1
Alphanumeric
Title
A-6.001
Financial Administration Act
Occurrences
0
Full text
Updated to 1 June 2024
This document has official status.
chapter
A-6.001, r. 0.1
Regulation respecting the rounding off of adjusted fees
FINANCIAL ADMINISTRATION — ROUNDING OFF OF ADJUSTED FEES
Financial Administration Act
(chapter A-6.001, s. 83.5)
.
A-6.001
09
September
01
1
2012
1
.
The fees adjusted in accordance with section 83.3 or 83.4 of the Financial Administration Act (
chapter A-6.001
) are rounded off in the manner prescribed in the subparagraph below that applies depending on the result of the adjustment:
(
1
)
if the result is less than $10, it is rounded to the nearest multiple of $0.05;
(
2
)
if the result is equal to or greater than $10 but less than $25, it is rounded to the nearest multiple of $0.10;
(
3
)
if the result is equal to or greater than $25, but less than $100, it is rounded to the nearest multiple of $0.25;
(
4
)
if the result is equal to or greater than $100, it is rounded to the nearest multiple of $1.00.
The result of an adjustment that is equidistant from 2 multiples must be rounded to the higher of the two.
M.O. 2010-09-24, s. 1
.
2
.
The adjustment of a fee less than $5 is postponed to the year in which the total of the adjustment rates applicable to each of the years for which adjustment is postponed will increase the fee by $0.05.
M.O. 2010-09-24, s. 2
.
3
.
(Omitted).
M.O. 2010-09-24, s. 3
.
REFERENCES
M.O. 2010-09-24, 2010 G.O. 2, 2775
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