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M-4, r. 1 - Regulation respecting the admission and discipline of members of the Corporation of Master Pipe-Mechanics of Québec
Section 14
Disposition versions
14. The Corporation may impose an annual assessment on members that may not exceed $800.
If the amount of the assessment reaches $800, the council may, each subsequent fiscal year, index the assessment by resolution according to the percentage increase in the Consumer Price Index for Canada published by Statistics Canada pursuant to the Statistics Act for the 12 months of the preceding year in relation to the 12 months of the year preceding that year.
The amount thus increased 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 Corporation shall inform the public of the results of the indexing under this section in Part I of the Gazette officielle du Québec and by any other means the Corporation considers appropriate.
