Consolidated Statutes and Regulations Consolidated Statutes Consolidated Regulations Annual Statutes and Regulations Annual Statutes Annual Regulations Additional information Québec Official Publisher What’s new? Information note Policy of the Minister of Justice Laws: Amendments Laws: Provisions not in force Laws: Provisions brought into force Annual Statutes: PDF versions since 1996 Regulations: Amendments Annual Regulations: PDF versions since 1996 Court Decisions

F-3.2.1 - Act to establish the Fonds de solidarité des travailleurs du Québec (F.T.Q.)

Section 9
Disposition versions

Full text
9. Notwithstanding section 8, class “A” shares or fractional shares may be transferred to a trustee within the scope of a registered retirement savings plan under which the shareholder or the spouse of the shareholder is the beneficiary. The beneficiary of the plan is deemed, however, to keep the voting rights attached to the shares thus transferred. For the purposes of the second paragraph of section 8 and section 10, the spouse is deemed to be the person who acquired the transferred share or fractional share from the Fund.
Subject to section 9.1, the trustee is, however, subject to section 8 in respect of any transfer to a person other than the beneficiary of the plan.
1983, c. 58, s. 9; 1989, c. 78, s. 3; 2001, c. 51, s. 11.
9. Notwithstanding section 8, class “A” shares or fractional shares may be transferred to or acquired by a trustee within the scope of a registered retirement savings plan under which the shareholder or his spouse is a beneficiary. The beneficiary of the plan is deemed, however, to keep the voting rights attached to the shares thus transferred. For the purposes of the second paragraph of section 8 and section 10, the spouse is deemed to be the person who acquired the transferred share or fractional share from the Fund.
However, the trustee is subject to section 8 in respect of any transfer to a person other than the shareholder from whom he acquired a class “A” share or fractional share.
1983, c. 58, s. 9; 1989, c. 78, s. 3.
9. Notwithstanding section 8, class “A” shares may be transferred to or purchased by a trustee within the scope of a registered retirement savings plan under which the shareholder is a beneficiary. The latter is deemed to keep, however, the right to vote attached to the shares thus transferred.
However, the trustee is subject to section 8 in respect of any transfer to a person other than the shareholder from whom he acquired a class “A” share.
1983, c. 58, s. 9.
© Gouvernement du Québec