A-33.01 - Act to promote the capitalization of small and medium-sized businesses

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12. The body designated under section 1 shall issue a validation certificate in respect of a qualified investment if the investment meets the requirements of this Act and the regulations.
No validation certificate shall be issued pursuant to the first paragraph after 9 May 1995. However, the body designated under section 1 may issue a validation certificate in the following cases:
(1)  in respect of a qualified investment made on or before 9 May 1995, if the investment meets the requirements of this Act and the regulations and if
(a)  the application for the validation certificate in respect of the qualified investment meets all the requirements of the Act and the regulations and is filed with the body on or before 30 September 1995, and
(b)  the amount of the qualified investment certified in the validation certificate does not exceed the amount specified in that respect in the application referred to in subparagraph a;
(2)  in respect of a qualified investment made on or before 31 December 1995, if the application for the validation certificate was made on or before 9 May 1995.
1992, c. 46, s. 12; 1995, c. 63, s. 1; 1996, c. 39, s. 1; 1998, c. 17, s. 64; 2001, c. 69, s. 12; 2010, c. 37, s. 96.
12. La Financière du Québec shall issue a validation certificate in respect of a qualified investment if the investment meets the requirements of this Act and the regulations.
No validation certificate shall be issued pursuant to the first paragraph after 9 May 1995. However, La Financière du Québec may issue a validation certificate in the following cases:
(1)  in respect of a qualified investment made on or before 9 May 1995, if the investment meets the requirements of this Act and the regulations and if
(a)  the application for the validation certificate in respect of the qualified investment meets all the requirements of the Act and the regulations and is filed with La Financière du Québec on or before 30 September 1995, and
(b)  the amount of the qualified investment certified in the validation certificate does not exceed the amount specified in that respect in the application referred to in subparagraph a;
(2)  in respect of a qualified investment made on or before 31 December 1995, if the application for the validation certificate was made on or before 9 May 1995.
1992, c. 46, s. 12; 1995, c. 63, s. 1; 1996, c. 39, s. 1; 1998, c. 17, s. 64; 2001, c. 69, s. 12.
12. Garantie Québec shall issue a validation certificate in respect of a qualified investment if the investment meets the requirements of this Act and the regulations.
No validation certificate shall be issued pursuant to the first paragraph after 9 May 1995. However, Garantie Québec may issue a validation certificate in the following cases:
(1)  in respect of a qualified investment made on or before 9 May 1995, if the investment meets the requirements of this Act and the regulations and if
(a)  the application for the validation certificate in respect of the qualified investment meets all the requirements of the Act and the regulations and is filed with Garantie Québec on or before 30 September 1995, and
(b)  the amount of the qualified investment certified in the validation certificate does not exceed the amount specified in that respect in the application referred to in subparagraph a;
(2)  in respect of a qualified investment made on or before 31 December 1995, if the application for the validation certificate was made on or before 9 May 1995.
1992, c. 46, s. 12; 1995, c. 63, s. 1; 1996, c. 39, s. 1; 1998, c. 17, s. 64.
12. The Société de développement industriel du Québec shall issue a validation certificate in respect of a qualified investment if the investment meets the requirements of this Act and the regulations.
No validation certificate shall be issued pursuant to the first paragraph after 9 May 1995. However, the Société may issue a validation certificate in the following cases:
(1)  in respect of a qualified investment made on or before 9 May 1995, if the investment meets the requirements of this Act and the regulations and if
(a)  the application for the validation certificate in respect of the qualified investment meets all the requirements of the Act and the regulations and is filed with the Société on or before 30 September 1995, and
(b)  the amount of the qualified investment certified in the validation certificate does not exceed the amount specified in that respect in the application referred to in subparagraph a;
(2)  in respect of a qualified investment made on or before 31 December 1995, if the application for the validation certificate was made on or before 9 May 1995.
1992, c. 46, s. 12; 1995, c. 63, s. 1; 1996, c. 39, s. 1.
12. The Société de développement industriel du Québec shall issue a validation certificate in respect of a qualified investment if the investment meets the requirements of this Act and the regulations.
No validation certificate shall be issued pursuant to the first paragraph after 9 May 1995. However, the Société may, on or before 31 December 1995, issue a validation certificate in respect of a qualified investment made on or before 9 May 1995 if the investment meets the requirements of this Act and the regulations and if
(1)  the application for the validation certificate in respect of the qualified investment meets all the requirements of the Act and the regulations and is filed with the Société on or before 30 September 1995; and
(2)  the amount of the qualified investment certified in the validation certificate does not exceed the amount specified in that respect in the application referred to in subparagraph 1.
1992, c. 46, s. 12; 1995, c. 63, s. 1.
12. The Société de développement industriel du Québec shall issue a validation certificate in respect of a qualified investment if the investment meets the requirements of this Act and the regulations.
1992, c. 46, s. 12.