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S-8, r. 4 - By-law respecting the conditions for the leasing of dwellings in low-rental housing in Nunavik
Section 4
Disposition versions
4. The minimum rent is adjusted on 1 July of each year as of 1 July 2022 according to the rate of change in the general Consumer Price Index for Québec, as determined by Statistics Canada under the Statistics Act (R.S.C. 1985, c. S-19), calculated on the basis of the average of the indices for the 12 months of the preceding year. The adjustment may not be greater than 4%.
The amount of the indexed rent is reduced to the nearest dollar if it contains a fraction of a dollar less than $0.50; it is increased to the nearest dollar if it contains a fraction of a dollar equal to or greater than $0.50.
The Société d’habitation du Québec or its mandatary informs the public of the annual indexing under this section through the Gazette officielle du Québec or by such other means as the Société considers appropriate.
4. The minimum rent is adjusted on 1 July of each year as of 1 July 2022 according to the rate of change in the general Consumer Price Index for Québec, as determined by Statistics Canada under the Statistics Act (R.S.C. 1985, c. S-19), calculated on the basis of the average of the indices for the 12 months of the preceding year.
The amount of the indexed rent is reduced to the nearest dollar if it contains a fraction of a dollar less than $0.50; it is increased to the nearest dollar if it contains a fraction of a dollar equal to or greater than $0.50.
The Société d’habitation du Québec or its mandatary informs the public of the annual indexing under this section through the Gazette officielle du Québec or by such other means as the Société considers appropriate.
4. The minimum rent is adjusted on 1 July of each year as of 1 July 2017 according to the rate of change in the general Consumer Price Index for Québec, as determined by Statistics Canada under the Statistics Act (R.S.C. 1985, c. S-19), calculated on the basis of the average of the indices for the 12 months of the preceding year.
The amount of the indexed rent is reduced to the nearest dollar if it contains a fraction of a dollar less than $0.50; it is increased to the nearest dollar if it contains a fraction of a dollar equal to or greater than $0.50.
The Société d’habitation du Québec or its mandatary informs the public of the annual indexing under this section through the Gazette officielle du Québec or by such other means as the Société considers appropriate.
4. The minimum rents established in accordance with Schedule II are indexed on 1 July of each year according to the rate of change in the general Consumer Price Index, for Québec, as determined by Statistics Canada under the Statistics Act (R.S.C. 1985, c. S-19), calculated on the basis of the average of the indices for the 12 months of the preceding year.
The amount of the indexed rent is reduced to the nearest dollar if it contains a fraction of a dollar less than $0.50; it is increased to the nearest dollar if it contains a fraction of a dollar equal to or greater than $0.50.
The Société d’habitation du Québec informs the public of the annual indexing under this section through the Gazette officielle du Québec or by such other means as the Société considers appropriate.
