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

Full text
11.4. For the purposes of section 73.3 of the Act, the value of silvicultural treatments and other forest management activities is fixed on 1 April of each year.
The value of the treatments and activities consists of the costs relating to carrying them out and the costs relating to the planning and monitoring of the treatments or activities. The value of each of those components is indicated in the Minister’s Order.
The value of the treatments and activities corresponds to the average unit costs of the silvicultural treatments or other forest management activities carried out pursuant to sections 65 and 96 of the Act.
In the absence of such treatments or activities, the value of the treatments or activities corresponds to the costs determined according to the cost approach applicable in matters of property assessment, by comparing the treatments or activities to similar treatments or activities whose unit costs are known.
Those values are adjusted every 3 months according to the rate of increase in a fuel price index.
The Minister of Natural Resources and Wildlife is to publish the value of silvicultural treatments and other forest development activities and the results of the quarterly adjustment in Part 1 of the Gazette officielle du Québec and may also ensure wider publicity by any other means.
O.C. 385-2006, s. 2; O.C. 433-2010, s. 4.