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A-10, r. 1 - Regulation respecting travel agents
Section 8.3
Disposition versions
8.3. Where the financial statements referred to in paragraph d of section 7 or where the certificate required under the second paragraph of section 8.1 indicate that the minimum working capital is not reached, the president may renew the licence provided that the licence holder invests long-term a sum equivalent to the deficit or submits interim financial statements prepared by the outside accountant of the licence holder indicating a working capital greater than the minimum working capital and accompanied by a balance sheet of the trust account.
