67. No Québec company may effect the purchase or redemption of a share of its capital stock without prior authorization in writing of the Inspector General.
The first paragraph does not apply in the case of the purchase by a company of a share of its capital stock allotted to a director or employee within the scope of a share purchase plan. The company must, however, divest itself of or cancel such a share within two years of the purchase. The Inspector General may grant an extension on such conditions as he may fix.