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A-13.1.1, r. 1 - Individual and Family Assistance Regulation
Section 177.91
Disposition versions
177.91. For the purposes of calculating the basic income, the amount to be considered is determined by multiplying by 15% the value of the property exceeding $500,000, then dividing it by 12.
The amount to be considered for the value of property is determined for the reference period concerned, taking into account the adult’s situation on 31 December preceding that reference period.
The amount is determined without taking into account property that cannot be alienated due to a legal impediment beyond the adult’s control.
In the case of a claim made following a false declaration concerning the value of property, the amount to be considered is the amount exceeding $500,000 each month.
