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

Section 25
Disposition versions

Full text
25. The Government shall pay to the Centre a sum not in excess of $155 000 000 during the period from 1 April 1990 to 31 March 1995.
The sum shall be paid in several payments in the amounts and on the conditions determined by the Government. The total amount of the payments for the whole period shall not be less than $100 000 000, excluding the debt service.
1969, c. 62, s. 25; 1970, c. 52, s. 1; 1976, c. 34, s. 1; 1982, c. 7, s. 7; 1985, c. 33, s. 1; 1990, c. 25, s. 4.
25. The Minister of Finance shall pay a sum not in excess of $105 000 000 to the Centre out of the consolidated revenue fund during the period from 1 April 1985 to 31 March 1990.
The sum shall be paid to the Centre in several payments in the amounts and on the conditions determined by the Government. The total amount of annual payments for any one fiscal year concerned shall not be less than $17 500 000.
The mode of any future indexing of the minimum amount of annual payments provided for, payments related to the debt service of the Centre and all other requests for additional funds, until the sum of $105 000 000 is exhausted, shall be determined by the Government.
This section has effect from 1 April 1985.
1969, c. 62, s. 25; 1970, c. 52, s. 1; 1976, c. 34, s. 1; 1982, c. 7, s. 7; 1985, c. 33, s. 1.
25. The Minister of Finance shall pay the sum of $85 000 000 to the Centre out of the consolidated revenue fund during the period from 1 April 1982 to 31 March 1987.
The sum shall be paid to the Centre in one or several payments in the amount or amounts and on the conditions determined by the Government.
The total payment for the fiscal year 1982-1983 shall not be less than $13 000 000.
For each subsequent fiscal year, the total payment shall not be less than the minimum payment provided for the preceding fiscal year indexed by 10%, until the sum of $85 000 000 contemplated in the first paragraph is exhausted.
1969, c. 62, s. 25; 1970, c. 52, s. 1; 1976, c. 34, s. 1; 1982, c. 7, s. 7.
25. The Minister of Finance shall pay to the Centre, out of the consolidated revenue fund, during each of the following fiscal years, the sum indicated opposite each of them:
1969, c. 62, s. 25; 1970, c. 52, s. 1; 1976, c. 34, s. 1.
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