A-30 - Crop Insurance Act

Section 26 Disposition versions

2000-12-20

26. For each guarantee, the Régie shall determine, at least every three years, a premium rate based on an actuarial valuation and any other data it considers relevant. The rate shall include yield reduction coverage, special protection coverage and emergency work coverage, excluding abandonment.

The rate shall apply throughout Québec, to a group of zones or to one zone only. It shall be adjusted, for each producer, in proportion to the producer’s loss index and the number of years during which the producer was insured.

1974, c. 31, s. 26; 1977, c. 40, s. 5; 1991, c. 60, s. 4; 2000, c. 55, s. 1.

1991-12-12

26. The Régie shall determine, at least every three years, a basic rate of assessment based on an actuarial valuation and any other data it considers relevant.

The basic rate shall apply to all of Québec, to a group of zones or to one zone only. It shall be adjusted, for each producer, in proportion to the loss index and the number of years during which the producer was insured.

The Régie may fix a discount rate for the benefit of every producer paying his assessment in advance; the discount rate may vary according to the date of payment in advance of the assessment.

1974, c. 31, s. 26; 1977, c. 40, s. 5; 1991, c. 60, s. 4.

1977-12-31

26. The rate of the assessment payable by the producers shall be fixed annually and shall be uniform within each agricultural zone for each category of crops.

The Régie may fix a discount rate for the benefit of every producer paying his assessment in advance; the discount rate may vary according to the date of payment in advance of the assessment.

1974, c. 31, s. 26; 1977, c. 40, s. 5.