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

Section 172
Disposition versions

Full text
172. Where the financial report transmitted to the president pursuant to sections 94.2 or 169 or section 306.2 of the Act shows that the reserve account contains a sum greater than that declared to constitute a good and sufficient provision and to contain the additional reserves by the actuary’s certificate accompanying the report, the merchant may, upon the expiry of a 45-day period from the transmission of the report to the president, withdraw the excess amount.
O.C. 1978-85, s. 15; O.C. 1150-89, s. 7; O.C. 848-94, s. 26.
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