R-2.2, r. 1 - Regulation respecting the application of the Act respecting the collection of certain debts

Section 27 Disposition versions

2017-06-15

27. When the president receives the copy of a final judgment referred to in section 26 that settles a dispute, he must:

(a)  if security was furnished by means of an individual or group guarantee policy, notify the surety by sending him a copy of the judgment with instructions to pay the capital, interest and legal costs up to the amount of the security;

(b)  if security was furnished by means of cash, certified cheque, postal money order, bank money order or certified payment order drawn on a financial services cooperative, request the Bureau général de dépôts pour le Québec to send him the sum necessary to pay the capital, interest and legal costs determined for the judgment up to the amount of the security;

(c)  if security was furnished by means of a bond, request the Bureau général de dépôts pour le Québec to convert the bond and to send him, out of the proceeds of the conversion, the sum necessary to pay the capital, interest and legal costs determined for the judgment, up to the amount of the security.

Following a notice or request of the president pursuant to subparagraph a, b or c of the first paragraph, the surety or the Bureau général de dépôts pour le Québec must send him the necessary sum to pay for the capital, interest and legal costs determined for the judgment within 60 days after receipt of the notice or application.

The president shall ensure that the claims made to him under this Division are paid according to the date of notification of copy of the final judgment or of receipt of that copy by registered mail.

Where several copies of the final judgment are notified or received on the same date, the president shall ensure the payment of the claims pro rata.

R.R.Q., 1981, c. R-2.2, r. 1, s. 27; I.N. 2016-01-01 (NCCP); O.C. 488-2017, s. 29.

2016-01-01

27. When the president receives the copy of a final judgment referred to in section 26 that settles a dispute, he must:

(a)  if security was furnished by means of an individual or group guarantee policy, notify the surety by sending him a copy of the judgment with instructions to pay the capital, interest and legal costs up to the amount of the security;

(b)  if security was furnished by means of cash, certified cheque, postal money order, bank money order or certified payment order drawn on a financial services cooperative, request the Minister of Finance to send him the sum necessary to pay the capital, interest and legal costs determined for the judgment up to the amount of the security;

(c)  if security was furnished by means of a bond, request the Minister of Finance to convert the bond and to send him, out of the proceeds of the conversion, the sum necessary to pay the capital, interest and legal costs determined for the judgment, up to the amount of the security.

Following a notice or request of the president pursuant to subparagraph a, b or c of the first paragraph, the surety or the Minister of Finance must send him the necessary sum to pay for the capital, interest and legal costs determined for the judgment within 60 days after receipt of the notice or application.

The president shall ensure that the claims made to him under this Division are paid according to the date of notification of copy of the final judgment or of receipt of that copy by registered mail.

Where several copies of the final judgment are notified or received on the same date, the president shall ensure the payment of the claims pro rata.

R.R.Q., 1981, c. R-2.2, r. 1, s. 27; I.N. 2016-01-01 (NCCP).

2012-09-01

27. When the president receives the copy of a final judgment referred to in section 26 that settles a dispute, he must:

(a)  if security was furnished by means of an individual or group guarantee policy, notify the surety by sending him a copy of the judgment with instructions to pay the capital, interest and taxed costs up to the amount of the security;

(b)  if security was furnished by means of cash, certified cheque, postal money order, bank money order or certified payment order drawn on a financial services cooperative, request the Minister of Finance to send him the sum necessary to pay the capital, interest and taxed costs of the judgment up to the amount of the security;

(c)  if security was furnished by means of a bond, request the Minister of Finance to convert the bond and to send him, out of the proceeds of the conversion, the sum necessary to pay the capital, interest and taxed costs of the judgment, up to the amount of the security.

Following a notice or request of the president pursuant to subparagraph a, b or c of the first paragraph, the surety or the Minister of Finance must send him the necessary sum to pay for the capital, interest and taxed costs of the judgment within 60 days after receipt of the notice or application.

The president shall ensure that the claims made to him under this Division are paid according to the date of service of copy of the final judgment or of receipt of that copy by registered or certified mail.

Where several copies of the final judgment are served or received on the same date, the president shall ensure the payment of the claims pro rata.

R.R.Q., 1981, c. R-2.2, r. 1, s. 27.