CCQ-1991 - Civil Code of Québec

Section 1346 Disposition versions

1994-01-01

1346. The revenue account is generally debited for the following expenditures and other expenditures of the same kind:

(1)  insurance premiums, the cost of minor repairs and other ordinary expenses of administration;

(2)  one-half of the remuneration of the administrator and his reasonable expenses for joint administration of the capital and fruits and revenues;

(3)  taxes payable on the administered property;

(4)  unless the court orders otherwise, costs paid to safeguard the rights of the beneficiary of the fruits and revenues and one-half of the cost of the judicial rendering of account;

(5)  amortization of the property, except property used by the beneficiary for personal purposes.

The administrator may, to maintain revenue at a regular level, spread substantial expenses over a reasonable period.

1991, c. 64, a. 1346.