C-47 - Mining Companies Act

Full text
9. No share in a mining company shall be issued under par, unless under a by-law in conformity with the requirements of this Act; and every director, officer or agent of a company, who acts contrary to the provisions of this section, shall, for each offence, be liable to a fine of $1,000.
R. S. 1964, c. 283, s. 9; 1990, c. 4, s. 329.
9. No share in a mining company shall be issued under par, unless under a by-law in conformity with the requirements of this Act; and every director, officer or agent of a company, who acts contrary to the provisions of this section, shall, for each offence, be liable to a fine of $1 000, and, on failure to pay such fine, to imprisonment for not more than three months.
R. S. 1964, c. 283, s. 9.