I-0.2.1, r. 2 - Regulation respecting quotas of brokers and trust companies

Section 3 Disposition versions

2018-08-02

3. The quota assigned to the broker or trust company corresponds to the minimum quota set in section 5, to which is added a variable number of investment agreements determined on the basis of the historical relative performance of the broker or trust company (i) relative to all the brokers or trust companies.

The quota is determined using the following formula:

Quotai = Nb min + (Nb max - Nb min × N) × Pi

Where,

Nb min: minimum quota set in section 5;

N: number of brokers or trust companies holding a quota;

Nb max: maximum number of applications to be received determined by a decision of the Minister made under section 50 of the Québec Immigration Act (chapter I-0.2.1);

Pi: historical relative performance of the broker or trust company (i).

M.O. 2018-007, s. 3; I.N. 2018-09-01.

Not in force

In force: 2018-08-02

3. The quota assigned to the broker or trust company corresponds to the minimum quota set in section 5, to which is added a variable number of investment agreements determined on the basis of the historical relative performance of the broker or trust company (i) relative to all the brokers or trust companies.

The quota is determined using the following formula:

Quotai = Nb min + (Nb max - Nb min × N) × Pi

Where,

Nb min: minimum quota set in section 5;

N: number of brokers or trust companies holding a quota;

Nb max: maximum number of applications to be received determined by a decision of the Minister made under section 50 of the Québec Immigration Act (chapter I-0.2.1);

Pi: historical relative performance of the broker or trust company (i).

M.O. 2018-007, s. 3; I.N. 2018-09-01.