T-11.02 - Act respecting Transition énergétique Québec

Section 20 Disposition versions

2017-04-01

20. Energy Transition Québec may not, without the Government’s authorization,

(1)  contract a loan that causes the total of its current outstanding loans to exceed the amount determined by the Government;

(2)  make a financial commitment in excess of the limits or in contravention of the terms determined by the Government;

(3)  acquire, hold or dispose of assets in excess of the limits or in contravention of the terms determined by the Government; or

(4)  accept a gift or legacy to which a charge or condition is attached.

This section does not apply to the contracts or other commitments entered into by Energy Transition Québec in carrying out a mandate given to it by the Government.

2016, c. 35, s. 1.

Not in force

In force: 2017-04-01

20. Energy Transition Québec may not, without the Government’s authorization,

(1)  contract a loan that causes the total of its current outstanding loans to exceed the amount determined by the Government;

(2)  make a financial commitment in excess of the limits or in contravention of the terms determined by the Government;

(3)  acquire, hold or dispose of assets in excess of the limits or in contravention of the terms determined by the Government; or

(4)  accept a gift or legacy to which a charge or condition is attached.

This section does not apply to the contracts or other commitments entered into by Energy Transition Québec in carrying out a mandate given to it by the Government.

2016, c. 35, s. 1.