A-6.001 - Financial Administration Act

Full text
77.6. Sections 77.1 to 77.5 do not apply to
(1)  the fiduciary functions expressly conferred on a body by its governing Act;
(2)  the Caisse de dépôt et placement du Québec and its subsidiaries;
(3)  the loans, investments and financial commitments of Retraite Québec referred to in the second paragraph of section 65 of the Act respecting Retraite Québec (chapter R-26.3);
(4)  a pension fund; or
(5)  a foundation.
A body referred to in the first paragraph that exercises the powers granted to it by sections 79 and 80 is exempted from the requirement to obtain the authorization of the Minister of Finance set out in those sections, unless the authorization is required under the provisions of another law relating to the exercise of the body’s power to borrow.
2007, c. 41, s. 2; 2008, c. 12, s. 2; 2015, c. 20, s. 1.
77.6. Sections 77.1 to 77.5 do not apply to
(1)  the fiduciary functions expressly conferred on a body by its governing Act;
(2)  the Caisse de dépôt et placement du Québec and its subsidiaries;
(3)  the Régie des rentes du Québec;
(4)  a pension fund; or
(5)  a foundation.
A body referred to in the first paragraph that exercises the powers granted to it by sections 79 and 80 is exempted from the requirement to obtain the authorization of the Minister of Finance set out in those sections, unless the authorization is required under the provisions of another law relating to the exercise of the body’s power to borrow.
2007, c. 41, s. 2; 2008, c. 12, s. 2.