E-25 - Act respecting expropriation

Section 91 Disposition versions

2023-12-29

91. The enterprise closure indemnity corresponds to the sum of

(1)  the inventory value determined in accordance with generally accepted accounting principles;

(2)  the market value of the corporeal assets; and

(3)  the market value of the incorporeal assets, in particular goodwill.

Despite the first paragraph, where the divested party keeps any assets or inventory, their value or market value is deducted from the sum.

2023, c. 27, s. 91.

Not in force

In force: 2023-12-29

91. The enterprise closure indemnity corresponds to the sum of

(1)  the inventory value determined in accordance with generally accepted accounting principles;

(2)  the market value of the corporeal assets; and

(3)  the market value of the incorporeal assets, in particular goodwill.

Despite the first paragraph, where the divested party keeps any assets or inventory, their value or market value is deducted from the sum.

2023, c. 27, s. 91.