B-5.1, r. 1 - Regulation respecting the application of the Unclaimed Property Act

Section 5 Disposition versions

2023-04-01

5. The yearly period during which a debtor or holder of unclaimed property must, under section 6 of the Act, deliver the property and file the related statement is,

(1)  if the debtor or holder operates a business or is a legal person, in the first quarter following the end of the fiscal year in which the property became unclaimed property;

(2)  in other cases, the first quarter following the end of the calendar year in which the property became unclaimed property.

The related statement is filed by means of the electronic process provided for that purpose on Revenu Québec’s website.

It may also be filed in the form prescribed by the Minister if the debtor or holder has, for a year, 10 properties or less to be delivered to the Minister under section 6 of the Act.

Despite the second paragraph, the related statement must be filed in the form prescribed by the Minister if the debtor or holder delivers a property referred to in subparagraph 7 of the first paragraph of section 3 of the Act to the Minister.

O.C. 584-2015, s. 5; S.Q. 2022, c. 3, s. 27.

2015-09-01

5. The yearly period during which a debtor or holder of unclaimed property must, under section 6 of the Act, deliver the property and file the related statement is,

(1)  if the debtor or holder operates a business or is a legal person, in the first quarter following the end of the fiscal year in which the property became unclaimed property;

(2)  in other cases, the first quarter following the end of the calendar year in which the property became unclaimed property.

The property and the related statement are sent by registered mail or by email and the statement is filed in electronic form.

O.C. 584-2015, s. 5.