140.1. For the purposes of the Act and the Regulation, managers pay to the Board fees in the amount of $50 per certificate issued by a manager, which include an amount of $20 per certificate for the purpose of subsidizing services or bodies intended to protect the beneficiaries of the guarantee plan. The fees must be paid to the Board on the last day of each quarter.
Managers may collect from contractors fees of $50 per certificate provided for in the first paragraph. The sum collected is not included in the calculation of the amount to be paid into the reserve account provided for in section 50 or in the calculation of the excess required in section 48.