This is an amount paid for access to certain membership plans, such as the Value Plan. In France, this amount is treated as a security deposit. The refundable membership bond is non-taxable and is fully refunded if the member opts for a membership plan that doesn’t require a membership bond, such as the Open Plan, or terminates their contract.
For membership plans requiring a refundable membership bond, the minimal term is one year in Canada and six months in France. After this time, either party may terminate the membership contract at any time with notice of three months in Canada and sixty days in France. Reimbursement of the membership bond is only permitted after a period of one year in Canada or six months in France.