A-18.1, r. 11 - Regulation respecting forest royalties

Full text
12. The admissible value of silvicultural treatments and other activities to protect or develop forest resources carried out by the agreement holder under an experimental protocol concluded pursuant to section 12 of the Act respecting the Ministère des Ressources naturelles et de la Faune (chapter M-25.2) may be increased up to 50% to taken into account the costs of the experiment.
A credit applicable to the payment of the prescribed dues, corresponding to no more than 75% of the admissible value so increased, may, after the conclusion of the experimental protocol, be granted to the agreement holder according to the nature, duration and cost of the project.
An additional credit corresponding to the balance of that value shall be granted to the agreement holder after he files the experimental report.
O.C. 372-87, s. 12; O.C. 192-2002, s. 5.