Consolidated Statutes and Regulations Consolidated Statutes Consolidated Regulations Annual Statutes and Regulations Annual Statutes Annual Regulations Additional information Québec Official Publisher What’s new? Information note Policy of the Minister of Justice Laws: Amendments Laws: Provisions not in force Laws: Provisions brought into force Annual Statutes: PDF versions since 1996 Regulations: Amendments Annual Regulations: PDF versions since 1996 Court Decisions

I-3, r. 1 - Regulation respecting the Taxation Act

Section 92.11r12
Disposition versions

Full text
92.11R12. Despite sections 92.11R10 and 92.11R11, none of the annual interest rates used in computing the accumulating fund in relation to an exemption test policy in respect of a life insurance policy issued before 1 January 2017 may be less than
(a)  4%, where the life insurance policy was issued after 30 April 1985; or
(b)  3%, where the life insurance policy was issued before 1 May 1985.
s. 92.11R1.0.10; O.C. 67-96, s. 10; O.C. 134-2009, s. 1; S.Q. 2019, c. 14, s. 627.
92.11R12. Despite sections 92.11R10 and 92.11R11, none of the annual interest rates used in computing the accumulating fund in respect of a standard policy for purposes of exemption issued in respect of a life insurance policy may be less than
(a)  4%, where the life insurance policy was issued after 30 April 1985; or
(b)  3%, where the life insurance policy was issued before 1 May 1985.
s. 92.11R1.0.10; O.C. 67-96, s. 10; O.C. 134-2009, s. 1.
© Gouvernement du Québec