C-8 - Act respecting the Centre de recherche industrielle du Québec

Section 19 Disposition versions

1990-06-22

19. The Centre shall not, without the authorization of the Government,

(a)  contract a loan which would raise the total of the amounts borrowed by it and not yet repaid to an amount in excess of the amount determined by the Government;

(b)  acquire stocks or shares of any corporation.

1969, c. 62, s. 19; 1982, c. 7, s. 6; 1990, c. 25, s. 2.

1982-03-31

19. The Centre shall not, without the authorization of the Government,

(a)  contract a loan which would raise to more than $500 000 the total of the amounts borrowed by it and not yet repaid;

(b)  acquire stocks or shares of any corporation.

1969, c. 62, s. 19; 1982, c. 7, s. 6.

1977-12-31

19. The Centre shall not, without the authorization of the Government:

(a)  make an agreement with any government or governmental body;

(b)  enter into a contract with any person to participate in research;

(c)  enter into any other contract with any person which binds it for more than two years;

(d)  contract a loan which would raise to more than $500,000 the total of the amounts borrowed by it and not yet repaid;

(e)  dispose of patents which it has acquired or permit the same to be used;

(f)  acquire shares of any corporation.

1969, c. 62, s. 19.