39. Subject to section 39.1, the amount of the contribution of customers of travel agents is calculated by multiplying the total cost of the purchased tourist services by a percentage varying according to the surplus accumulated in the Fonds d’indemnisation des clients des agents de voyages as of the preceding 31 March; the percentage is set as follows:CONTRIBUTION TO THE FUND |
Surplus accumulated in the fund | Percentage of tourist services |
Up to $75M | 0.35% |
Up to $100M | 0.20% |
Over $100M | 0.10% |
Where applicable, the change to the percentage applicable to the calculation of the contribution takes effect on 1 January of the year following the submission of the financial statements indicating the surplus accumulated in the fund as of 31 March.
The contribution must be collected by the travel agent dealing directly with the customer.
R.R.Q., 1981, c. A-10, r. 1, s. 39; O.C. 962-2004, s. 24; O.C. 496-2010, s. 30; 986-2018O.C. 986-2018, s. 321.