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I-16.0.1 - Act respecting Investissement Québec

Section 8
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8. The Company and its subsidiaries may not, without the Government’s authorization, by themselves or jointly in groups of two or more, acquire control of a legal person or a partnership.
The Company and its subsidiaries may not, without the Minister’s authorization, acquire, by themselves or jointly in groups of two or more, more than 30% of the equity securities of a partnership or equity securities of a legal person carrying more than 30% of the voting rights.
The first and second paragraphs do not apply when the acquisition of control or the acquisition of equity securities results from the establishment of a subsidiary. Nor does the second paragraph apply to the acquisition of equity securities valued at less than $10,000,000.
The Government or, as the case may be, the Minister may subject the authorization to conditions.
2010, c. 37, s. 8.
© Gouvernement du Québec