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A-3.001, r. 7 - Regulation respecting financing
Section 202
Disposition versions
202. Where a number of transactions occur simultaneously and where the assumption limits applicable to the predecessors under section 101 are not the same, the successor is deemed to have elected the assumption limit applicable to the predecessor with the highest assessment according to risk calculated at the unit rate, as defined in section 188, for the year prior to the year preceding the year in which the transaction took place.
