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A-18.1, r. 11 - Regulation respecting forest royalties

Section 2
Disposition versions

Full text
2. In order to determine a unit rate fixed by the Minister under the first paragraph of section 72 of the Forest Act (chapter F-4.1), the stumpage value of standing timber shall be calculated on 1 April of each year in each forest tariffing zone, by species or group of species and quality of timber, according to the parity technique applicable in property assessment, by comparing the timber to similar timber for which the selling price is known. The value is expressed in dollars per cubic metre.
The unit rates are adjusted every 3 months according to the rate of increase in forest product price indexes.
The Minister of Natural Resources and Wildlife is to publish the reference unit rates for the stumpage value of standing timber and the results of the quarterly adjustment in Part 1 of the Gazette officielle du Québec and may also ensure wider publicity by any other means.
O.C. 372-87, s. 2; O.C. 352-89, s. 2; O.C. 757-96, s. 1; O.C. 192-2002, s. 4; O.C. 385-2006, s. 1; O.C. 56-2008, s. 2; O.C. 433-2010, s. 1.
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