A-6.001, r. 0.1 - Regulation respecting the rounding off of adjusted fees

Updated to 1 September 2012

This document has official status.

chapter A-6.001, r. 0.1

Regulation respecting the rounding off of adjusted fees

Financial Administration Act

(chapter A-6.001, s. 83.5).

1. The fees adjusted in accordance with section 83.3 or 83.4 of the Financial Administration Act (chapter A-6.001) are rounded off in the manner prescribed in the subparagraph below that applies depending on the result of the adjustment:

(1)  if the result is less than $10, it is rounded to the nearest multiple of $0.05;

(2)  if the result is equal to or greater than $10 but less than $25, it is rounded to the nearest multiple of $0.10;

(3)  if the result is equal to or greater than $25, but less than $100, it is rounded to the nearest multiple of $0.25;

(4)  if the result is equal to or greater than $100, it is rounded to the nearest multiple of $1.00.

The result of an adjustment that is equidistant from 2 multiples must be rounded to the higher of the two.

M.O. 2010-09-24, s. 1.

2. The adjustment of a fee less than $5 is postponed to the year in which the total of the adjustment rates applicable to each of the years for which adjustment is postponed will increase the fee by $0.05.

M.O. 2010-09-24, s. 2.

3. (Omitted).

M.O. 2010-09-24, s. 3.

REFERENCES

M.O. 2010-09-24, 2010 G.O. 2, 2775