Dear customer,

In reference to our news item of September 29 , 2010, concerning the obligation or not to issue a receipt when transferring funds between two files, whether it is for a new mandate or an existing mandate, Me Karine Vézina of the Professional Inspection Department of the Chambre des notaires has confirmed the following: a receipt must not be issued when transferring funds between two files, since no new sums of money are involved, pursuant to section 17, paragraph 1 of the Regulation respecting trusts. If you have any questions about the regulation, please contact the Chambre des notaires.