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S-9.1 - Act respecting the James Bay Native Development Corporation

Section 16
Disposition versions

Full text
16. The Minister of Finance may, at any time, with the approval of the Government, acquire any part of the Class A shares of the Corporation that he has not already acquired in conformity with section 15. He acquires these shares at their par value.
The Corporation shall not use the amounts paid under the preceding paragraph for purposes other than those agreed by the Minister of Finance.
Third parties are not bound to comply with the preceding paragraph and it cannot be invoked by or against them.
1978, c. 96, s. 16.
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