Marginal note:Non-application — sections 3 to 18
22 (1) Subject to the regulations, sections 3 to 18 do not apply in respect of a low-materiality fee.
Marginal note:Regulations
(2) The Treasury Board may make regulations respecting low-materiality fees, including regulations
(a) listing the fees that are considered to be low-materiality fees or the fees that are not considered to be low-materiality fees;
(a.1) setting out criteria for determining whether fees are low-materiality fees and when low-materiality fees cease to be low-materiality fees;
(b) setting out when sections 3 to 18 cease to apply in respect of low-materiality fees and when those sections apply to fees that have ceased to be low-materiality fees; and
(c) establishing the factors that the President of the Treasury Board must take into account while exercising the power referred to in subsection (3).
Marginal note:Amending regulations — President of the Treasury Board
(3) The President of the Treasury Board may, by regulation, amend regulations made under paragraph (2)(a), taking into account any factors established under paragraph (2)(c).
- 2017, c. 20, s. 451 “22”
- 2023, c. 26, s. 277
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