T-11.2, r. 4 - Regulation respecting remunerated passenger transportation by automobile

Full text
92. A business operator who collects dues in accordance with the first paragraph of section 85 is deemed to hold them in trust for the State, separately from the operator’s patrimony and the operator’s own funds, for remittance to the Minister in accordance with this Regulation.
Where dues that a business operator is deemed, pursuant to the first paragraph, to hold in trust for the State are not remitted to the Minister, an amount equal to the amount of dues collected is deemed, from the time the dues are collected, to be held in trust for the State, separately from the business operator’s patrimony and the operator’s own funds, and to form a separate fund not forming part of the operator’s property, whether or not the amount has in fact been held separately from the operator’s patrimony or own funds.
1046-2020O.C. 1046-2020, s. 92.
In force: 2020-10-10
92. A business operator who collects dues in accordance with the first paragraph of section 85 is deemed to hold them in trust for the State, separately from the operator’s patrimony and the operator’s own funds, for remittance to the Minister in accordance with this Regulation.
Where dues that a business operator is deemed, pursuant to the first paragraph, to hold in trust for the State are not remitted to the Minister, an amount equal to the amount of dues collected is deemed, from the time the dues are collected, to be held in trust for the State, separately from the business operator’s patrimony and the operator’s own funds, and to form a separate fund not forming part of the operator’s property, whether or not the amount has in fact been held separately from the operator’s patrimony or own funds.
1046-2020O.C. 1046-2020, s. 92.