Esquimalt Graving Dock Regulations

Version of section 36.1 from 2018-09-26 to 2024-10-30:

36.1 (1) The dock charges for the period beginning on April 1, 2018 and ending on March 31, 2019 are the base charges set out in column 2 of the schedule.
(2) Commencing on April 1, 2019, and annually after then on that date, the dock charges will be increased, to the nearest cent, by the amount determined by the following formula:
A + B
where
A
is the average of the Government of Canada benchmark 10-year bond yields as published monthly by the Bank of Canada for the first six months of the previous calendar year; and
B
is equal to 1%.

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