16. Each year, a lessee shall pay a rent corresponding to $2/km2 in 1 instalment between 1 September and 1 November. Despite the first paragraph, the rent may not be less than $20.04.
As of 1 April 2011, those amounts are adjusted annually by applying to their value for the preceding year the annual percentage change, computed for the month of June of the preceding year, in the general Consumer Price Index (CPI), published by Statistics Canada.
The Minister is to publish the results of the adjustment in Part 1 of the Gazette officielle du Québec or make them known by any other appropriate means.
O.C. 1027-99, s. 16; O.C. 1027-99, s. 25; O.C. 447-2008, ss. 4 and 8; O.C. 535-2011, s. 6.