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C-24.2, r. 26 - Regulation respecting towing and impounding charges for seized road vehicles
Section 5.1
Disposition versions
5.1. The towing charges set by this Regulation are indexed on 1 June of each year. The indexation is calculated by multiplying the charges by the ratio between the average of the for-hire motor carrier freight services monthly price indexes for the truck transportation category [484] established by Statistics Canada for the 12-month period ending on 31 December of the preceding year and the average of those indexes established for the 12-month period ending on 31 December of the year prior to the preceding year.
If an annual average or the ratio between the averages calculated under the first paragraph or the amount of indexed charges has more than 2 decimals, only the first 2 decimals are retained and the second one is increased by one unit if the third decimal is equal to or greater than 5.
However, if the charges resulting from the calculation under the first paragraph are lower than the charges for the preceding year, the indexation is without effect.
If, pursuant to the third paragraph, the indexation for the preceding year had no effect, the indexation calculation under the first paragraph is made on the basis of the charges for the preceding year, as they would have been indexed had it not been for the application of the third paragraph.
The Minister of Transport publishes the result of the indexation each year in the Gazette officielle du Québec.
See M.O. 2022-08, 2022 G.O. 2, 3224.
5.1. The towing charges set by this Regulation are indexed on 1 June of each year. The indexation is calculated by multiplying the charges by the ratio between the average of the for-hire motor carrier freight services monthly price indexes for the truck transportation category [484] established by Statistics Canada for the 12-month period ending on 31 December of the preceding year and the average of those indexes established for the 12-month period ending on 31 December of the year prior to the preceding year.
If an annual average or the ratio between the averages calculated under the first paragraph or the amount of indexed charges has more than 2 decimals, only the first 2 decimals are retained and the second one is increased by one unit if the third decimal is equal to or greater than 5.
However, if the charges resulting from the calculation under the first paragraph are lower than the charges for the preceding year, the indexation is without effect.
If, pursuant to the third paragraph, the indexation for the preceding year had no effect, the indexation calculation under the first paragraph is made on the basis of the charges for the preceding year, as they would have been indexed had it not been for the application of the third paragraph.
The Minister of Transport publishes the result of the indexation each year in the Gazette officielle du Québec.
