S-34 - Act respecting fiscal incentives to industrial development

Section 13 Disposition versions

1977-12-31

13. For the purposes of this division, an expenditure is allowable if it is related to prescribed manufacturing or processing operations carried on in Québec and intended for:

(a)  the purchase, the leasing, or the construction, improvement or expansion, of plants or factories, or the purchase of the land required for the operation of such plants or factories and to be used for such purpose within a reasonable delay;

(b)  the purchase, including installation, of machinery, tools, equipment, or of their components, intended for the operation of plants or factories;

(c)  the consolidation of the production facilities of a number of businesses or the pooling, wholly or in part, of their operating facilities by way of amalgamation, grouping, the acquisition of other businesses or of their production facilities, or by any other grouping of their resources or interests;

(d)  the acquisition or the amalgamation of a distribution business or the purchase of distribution facilities;

(e)  the expansion of an export market;

(f)  the increase of research and development expenditures regarding the devising, improving or perfecting of a product or production techniques;

(g)  the acquisition of a patent or a licence, including the payment of a royalty attached thereto for the purpose of working it; or

(h)  any other prescribed purpose.

In addition, the purposes set out in subparagraph a or b of the first paragraph concerning an expenditure of $100 000 or more, and those set out in subparagraphs c to h of the said paragraph, must conform to the prescribed requirements.

1977, c. 59, s. 13.