Marginal note:Fee — $500

• 303 (1) A fee of $500 is payable by a person for the acquisition of permanent resident status.

• Marginal note:Indexation

  (1.1) The fee set out in subsection (1) shall be indexed at 09:00:00 a.m. Eastern daylight time on April 30, 2022, and every two years after that on April 30 at that same time, in accordance with the cumulative percentage increase to the Consumer Price Index for Canada, published by Statistics Canada, for the two previous years, rounded to the nearest five dollars.