5. Licences and duplicate licences are issued without any term.
The duties provided for in section 4 for the renewal of a licence are payable, once a year, not later than 2 months before the anniversary date of the licence.
The anniversary date of the licence is the first day of the eighth month following the end of the travel agent’s fiscal year.
If the period between the date of issue and the first anniversary date is shorter or longer than 1 year, the duties payable are set in proportion to that period of time in relation to 1 year.
R.R.Q., 1981, c. A-10, r. 1, s. 5; O.C. 994-86, s. 2; O.C. 449-90, s. 3; O.C. 473-2000, s. 1; O.C. 962-2004, s. 4; O.C. 496-2010, s. 9; 986-2018O.C. 986-2018, s. 51.