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I-16.0.1 - Act respecting Investissement Québec
Section 12.1
Disposition versions
12.1. Subject to the second paragraph of section 12, government authorization is also required for any provision of financial services in the natural resources and energy sectors by the Company or its subsidiaries that causes the total of the sums paid for those services out of the assets of the Company or one of its subsidiaries and those debited from the Natural Resources and Energy Capital Fund or, if applicable, the Economic Development Fund, to exceed the limit determined by the Government.
12.1. Subject to the second paragraph of section 12, government authorization is also required for any provision of financial services in the sector of mineral substances or petroleum resources in the domain of the State by the Company or its subsidiaries that causes the total of the sums paid for those services out of the assets of the Company or one of its subsidiaries and those debited from the Mining and Hydrocarbon Capital Fund or, if applicable, the Economic Development Fund, to exceed the limit determined by the Government.
12.1. Subject to the second paragraph of section 12, government authorization is also required for any provision of financial services in the sector of mineral substances in the domain of the State by the Company or its subsidiaries that causes the total of the sums paid for those services out of the assets of the Company or one of its subsidiaries and those debited from the Mining and Hydrocarbon Capital Fund or, if applicable, the Economic Development Fund, to exceed the limit determined by the Government.
