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P-40.1, r. 3 - Regulation respecting the application of the Consumer Protection Act

Section 147
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147. The security to be furnished by a merchant referred to in section 254 of the Act, but other than an itinerant merchant, is based on the sales indicated in the financial statements for the previous fiscal period and is established as follows:
Sales Security
________________________________ ________

$0.00 to $999,999.99 $10,000
$1,000,000.00 to $1,999,999.99 $20,000
$2,000,000.00 to $4,999,999.99 $30,000
$5,000,000.00 or more $50,000
R.R.Q., 1981, c. P-40.1, r. 1, s. 147; O.C. 994-2018, s. 69.
147. The security to be furnished by a merchant other than an itinerant merchant, who wishes to be exempt from the trust account required by section 254 of the Act, is based on the sales indicated in the financial statements for the previous fiscal period and is established as follows:
Sales Security
________________________________ ________

$0.00 to $999,999.99 $10,000
$1,000,000.00 to $1,999,999.99 $20,000
$2,000,000.00 to $4,999,999.99 $30,000
$5,000,000.00 or more $50,000
R.R.Q., 1981, c. P-40.1, r. 1, s. 147.
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