Ministère de l'Emploi et de la Solidarité sociale
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R-2.2.0.1 - Act to reduce the debt and establish the Generations Fund

Section 4.2
Disposition versions

Full text
4.2. (Repealed).
2011, c. 18, s. 32; 2013, c. 16, s. 130, s. 133; 2013, c. 16, s. 130; 2015, c. 8, s. 6; 2023, c. 30, s. 34.
4.2. Each fiscal year, the Minister shall transfer the following sums to the Fund, out of the sums credited to the general fund:
(1)  $500,000,000, out of the specific tax on alcoholic beverages payable under Chapter II of Title II of the Act respecting the Québec sales tax (chapter T-0.1); and
(2)  the total of the costs, fees, duties, rentals, and mining royalties prescribed or provided for by the Mining Tax Act (chapter I-0.4) or the Mining Act (chapter M-13.1), after deducting the amount of the duties credited to the mining heritage and mining activity management components of the Natural Resources Fund under sections 17.12.17 and 17.12.20, respectively, of the Act respecting the Ministère des Ressources naturelles et de la Faune (chapter M-25.2).
2011, c. 18, s. 32; 2013, c. 16, s. 130, s. 133; 2013, c. 16, s. 130; 2015, c. 8, s. 6.
4.2. Each fiscal year, the Minister shall transfer the following sums to the Fund, out of the sums credited to the general fund:
(1)  $100,000,000, out of the specific tax on alcoholic beverages payable under Chapter II of Title II of the Act respecting the Québec sales tax (chapter T-0.1); and
(2)  the total of the costs, fees, duties, rentals, and mining royalties prescribed or provided for by the Mining Tax Act (chapter I-0.4) or the Mining Act (chapter M-13.1), after deducting the amount of the duties credited to the mining heritage and mining activity management components of the Natural Resources Fund under sections 17.12.17 and 17.12.20, respectively, of the Act respecting the Ministère des Ressources naturelles et de la Faune (chapter M-25.2).
2011, c. 18, s. 32; 2013, c. 16, s. 130, s. 133; 2013, c. 16, s. 130.
4.2. Each fiscal year, the Minister shall transfer the following sums to the Fund, out of the sums credited to the general fund:
(1)  $100,000,000, out of the specific tax on alcoholic beverages payable under Chapter II of Title II of the Act respecting the Québec sales tax (chapter T-0.1); and
(2)  one quarter of the amount by which the total of the costs, fees, duties, rentals, and mining royalties prescribed or provided for by the Mining Tax Act (chapter I-0.4) or the Mining Act (chapter M-13.1), after deducting the amount of the duties credited to the mining heritage and mining activity management components of the Natural Resources Fund under sections 17.12.17 and 17.12.20, respectively, of the Act respecting the Ministère des Ressources naturelles et de la Faune (chapter M-25.2), exceeds $200,000,000.
2011, c. 18, s. 32; 2013, c. 16, s. 130, s. 133.
4.2. The Minister shall transfer to the Fund for each fiscal year from the year 2014-2015, out of the sums credited to the general fund, an amount corresponding to one quarter of the amount by which the total of the costs, fees, duties, rentals, and mining, petroleum and gas royalties prescribed or provided for by the Mining Duties Act (chapter D-15) or the Mining Act (chapter M-13.1) exceeds $200,000,000.
That amount is determined after deducting the amount of the duties credited to the mining heritage component of the Natural Resources Fund under section 17.12.17 of the Act respecting the Ministère des Ressources naturelles et de la Faune (chapter M-25.2).
2011, c. 18, s. 32.
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