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A-10, r. 1 - Regulation respecting travel agents

Section 43.3
Disposition versions

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43.3. The total amount of the indemnities per event may not exceed 60% of the surplus accumulated in the fund as of the preceding 31 March or be less than $30M.
O.C. 962-2004, s. 24; O.C. 496-2010, s. 35; O.C. 986-2018, s. 38.
43.3. The total amount of the indemnities per event may not exceed 20% of the surplus accumulated in the fund as of the preceding 31 March or be less than $5M. An additional amount per event not exceeding 5% of the surplus accumulated in the fund as of the preceding 31 March may be used for the purposes of subparagraph c of the first paragraph of section 43.2.
O.C. 962-2004, s. 24; O.C. 496-2010, s. 35.
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