F-2.01 - Act respecting Financement-Québec

Full text
35. After a reduction of the share capital of the financing authority and an equivalent repayment of capital, made to the Minister of Finance under the Act respecting the reduction of the share capital of legal persons established in the public interest and of their subsidiaries (chapter R-2.2.1), the Minister may, with the authorization of the Government and subject to the conditions it determines, subscribe for shares of the financing authority for an amount that shall not exceed the amount of the repayment. The shares shall be paid out of the Consolidated Revenue Fund. Certificates shall be issued when the shares are fully paid.
1999, c. 11, s. 35.