the contracts underlying the portfolio of insurance or reinsurance obligations include no options for the policy holder or only a surrender option where the surrender value does not exceed the value of the assets, valued in accordance with Article 75, covering the insurance or reinsurance obligations at the time the surrender option is exercised;

All options are assessed against the following six operational objectives: (1) gradually align authors' and performers' protection; (2) incrementally increase the remuneration of performers; (3) diminish the discrepancies in protection between the EU and US; (4) incrementally increase AR resources, i.e., the development of new talent; (5) ensure availability of music at reasonable prices; and (6) encourage digitisation of back catalogue.

The consideration transferred in a business combination shall be measured at fair value, which shall be calculated as the sum of the acquisition-date fair values of the assets transferred by the acquirer, the liabilities incurred by the acquirer to former owners of the acquiree and the equity interests issued by the acquirer (However, any portion of the acquirer’s share-based payment awards exchanged for awards held by the acquiree’s employees that is included in consideration transferred in the business combination shall be measured in accordance with paragraph 30 rather than at fair value.) Examples of potential forms of consideration include cash, other assets, a business or a subsidiary of the acquirer, contingent consideration, ordinar ...[+++]y or preference equity instruments, options, warrants and member interests of mutual entities.

Each available policy option was assessed against the following criteria: (i) the effectiveness of the option in achieving given objectives and the corresponding benefits; (ii) the feasibility of the selected options; (iii) the cost implication for the EU budget.

[Text] Question No. 36 Mr. Richard Marceau: What, in detail, are all of the options being considered regarding the fate of the Quebec City office of the Meteorological Service of Canada (MSC) related to the process to centralize operations, and with respect to this process: (a) are there plans to close the office; (b) what other options are being considered and have they been studied according to their economic impact, and if so, what would this impact be; (c) what kind of consultations have there been with the people who would be affected and what conclusions have been drawn from these consultations; (d) how have MSC employees been c ...[+++]onsulted and what conclusions have been drawn from these consultations; (e) what was the whole decision-making process that led to this possible decision to centralize services; (f) what are the minister’s intentions with respect to the jobs that would be affected and what types of measures are being planned for those who would be affected (transfers, layoffs, retirement, etc.); (g) how much is expected to be saved by closing the Quebec City office of the MSC; (h) how much is expected to be saved by all of the other options under consideration; (i) when was the Minister of the Environment informed of the department’s intentions to consider closing the Quebec City office of the MSC; and (j) what would be the impact on the immediate transmission of meteorological data to the people of the region of Quebec City in general, and to the media in particular?

All options will certainly be examined.