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I-0.2.1, r. 2 - Regulation respecting quotas of brokers and trust companies
Section 7
Disposition versions
7. The holder of a quota may not transfer the minimum quota assigned by the Minister under section 5.
The holder may, however, transfer a maximum of 10% of the variable number of investment agreements determined on the basis of the historical relative performance of the broker or trust company relative to all the brokers or trust companies, calculated as provided in sections 3 and 4.
Despite the second paragraph, a transfer occurring less than 30 days before the date of the end of the period for receiving applications determined by a decision made under section 50 of the Québec Immigration Act (chapter I-0.2.1) is invalid.
In force: 2018-08-02
7. The holder of a quota may not transfer the minimum quota assigned by the Minister under section 5.
The holder may, however, transfer a maximum of 10% of the variable number of investment agreements determined on the basis of the historical relative performance of the broker or trust company relative to all the brokers or trust companies, calculated as provided in sections 3 and 4.
Despite the second paragraph, a transfer occurring less than 30 days before the date of the end of the period for receiving applications determined by a decision made under section 50 of the Québec Immigration Act (chapter I-0.2.1) is invalid.
