40. A travel agent must, not later than the last day of the month following the end of each half of the agent’s fiscal year or, if the amount of the sales of tourist services subject to the contribution to the fund, as indicated in the financial statements required under section 7 or the certificate required under section 8.1, exceeds $5M, not later than the last day of the month following the end of each quarter of the agent’s fiscal year, remit the contributions to the president, less management expenses of 5% of the contributions collected.
A travel agent who ceases activities, whose licence ceases to have effect or whose licence has been cancelled, suspended or not renewed by the president must, within 30 days of the cessation or notification of the president’s decision, forward the contributions to the president, less the management expenses provided for in the first paragraph.
A licence holder or other officer must, within the period prescribed by the first paragraph, sign and send a report to the president indicating
(a) the amount of the sales subject to the contribution;
(b) the total of the contributions collected; and
(c) the amount remitted.
The travel agent who does not remit the report or the contributions collected within the period provided for in the first and second paragraphs must add to those contributions, as penalty, the highest of the following sums: $50 or a sum representing 10% of the contributions to be remitted.
Where section 39.01 applies, a travel agent is exempt from collecting the contributions and sending the report. Despite the foregoing, the travel agent must send to the president the contributions collected before the date referred to in the third paragraph of section 39.01 and the report not later than 28 February following that date.
R.R.Q., 1981, c. A-10, r. 1, s. 40; O.C. 994-86, s. 7; O.C. 962-2004, s. 24; O.C. 496-2010, s. 32; 986-2018O.C. 986-2018, s. 3512986-2018O.C. 986-2018, s. 3513986-2018O.C. 986-2018, s. 3514.