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A-3.001, r. 7 - Regulation respecting financing
Section 206
Disposition versions
206. For the purposes of this Subdivision, where the assumption limits applicable to the predecessors pursuant to section 101 are not the same, the successor is deemed to have elected the assumption limit applicable to the predecessor with the highest assessment according to risk calculated at the unit rate for the year prior to the year preceding the year in which the transaction took place.
