C-18 - Act respecting the cinema

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74. The members and officers of the Institut must notify it upon becoming interested in a contract or draft contract with the Institut.
They are deemed to have such an interest if they are directors, representatives, employees or officers of any firm interested in a contract with the Institut or if their interests in the firm represent more than 15 per cent of its capital, property or financing.
1975, c. 14, s. 74.