S-11.01 - Act respecting the Société de développement industriel du Québec

Section 47 Disposition versions

1994-06-17

47. The Government may make regulations to:

(a)  determine the classes of businesses and the regions of Québec with respect to which financial assistance must be granted by priority and the economic and social factors which must serve as guidelines in the selection of the businesses to which such assistance may be granted;

(b)  establish criteria to determine which businesses may receive financial assistance, taking into account, particularly, the class to which such businesses belong, the products they produce, the services they offer and the regions in which they are established;

(c)  determine the form of financial assistance contemplated in paragraph 4 of section 6;

(d)  define the expression “tertiary actuators sector”;

(e)  (subparagraph repealed);

(f)  (subparagraph repealed);

(g)  (subparagraph repealed);

(h)  determine the amount over which the grant of financial assistance requires the authorization of the Government or the Minister;

(h.1)  determine the cases and conditions where the Minister or the Corporation may grant financial assistance without the authorization of the Government;

(i)  (subparagraph repealed);

(j)  (subparagraph repealed);

(k)  (subparagraph repealed);

(l)  (subparagraph repealed);

(m)  (subparagraph repealed);

(n)  determine the conditions a business must fulfil to obtain financial assistance in accordance with this Act;

(o)  define, for the purposes of section 8, the expression “head office of a business”;

(p)  determine the cases in which duties or charges are exigible from a business that applies for financial assistance and establish the mode of computing them.

The regulations provided for in this section shall come into force on the date of their publication in the Gazette officielle du Québec or on any later date fixed therein.

A regulation under this section pertaining to a matter under the jurisdiction of a minister other than the Minister of Industry, Trade, Science and Technology may be made only on the recommendation of the Minister of Industry, Trade, Science and Technology prepared in cooperation with the minister concerned.

1971, c. 64, s. 48; 1974, c. 56, s. 14; 1975, c. 15, s. 31; 1979, c. 13, s. 14; 1982, c. 39, s. 11; 1986, c. 110, s. 14; 1988, c. 41, s. 89; 1994, c. 16, s. 51.

1988-12-21

47. The Government may make regulations to:

(a)  determine the classes of businesses and the regions of Québec with respect to which financial assistance must be granted by priority and the economic and social factors which must serve as guidelines in the selection of the businesses to which such assistance may be granted;

(b)  establish criteria to determine which businesses may receive financial assistance, taking into account, particularly, the class to which such businesses belong, the products they produce, the services they offer and the regions in which they are established;

(c)  determine the form of financial assistance contemplated in paragraph 4 of section 6;

(d)  define the expression “tertiary actuators sector”;

(e)  (subparagraph repealed);

(f)  (subparagraph repealed);

(g)  (subparagraph repealed);

(h)  determine the amount over which the grant of financial assistance requires the authorization of the Government or the Minister;

(h.1)  determine the cases and conditions where the Minister or the Corporation may grant financial assistance without the authorization of the Government;

(i)  (subparagraph repealed);

(j)  (subparagraph repealed);

(k)  (subparagraph repealed);

(l)  (subparagraph repealed);

(m)  (subparagraph repealed);

(n)  determine the conditions a business must fulfil to obtain financial assistance in accordance with this Act;

(o)  define, for the purposes of section 8, the expression “head office of a business”;

(p)  determine the cases in which duties or charges are exigible from a business that applies for financial assistance and establish the mode of computing them.

The regulations provided for in this section shall come into force on the date of their publication in the Gazette officielle du Québec or on any later date fixed therein.

A regulation under this section pertaining to a matter under the jurisdiction of a minister other than the Minister of Industry, Trade and Technology may be made only on the recommendation of the Minister of Industry, Trade and Technology prepared in cooperation with the minister concerned.

1971, c. 64, s. 48; 1974, c. 56, s. 14; 1975, c. 15, s. 31; 1979, c. 13, s. 14; 1982, c. 39, s. 11; 1986, c. 110, s. 14; 1988, c. 41, s. 89.

1987-03-01

47. The Government may make regulations to:

(a)  determine the classes of businesses and the regions of Québec with respect to which financial assistance must be granted by priority and the economic and social factors which must serve as guidelines in the selection of the businesses to which such assistance may be granted;

(b)  establish criteria to determine which businesses may receive financial assistance, taking into account, particularly, the class to which such businesses belong, the products they produce, the services they offer and the regions in which they are established;

(c)  determine the form of financial assistance contemplated in paragraph 4 of section 6;

(d)  define the expression “tertiary actuators sector”;

(e)  (subparagraph repealed);

(f)  (subparagraph repealed);

(g)  (subparagraph repealed);

(h)  determine the amount over which the grant of financial assistance requires the authorization of the Government or the Minister;

(h.1)  determine the cases and conditions where the Minister or the Corporation may grant financial assistance without the authorization of the Government;

(i)  (subparagraph repealed);

(j)  (subparagraph repealed);

(k)  (subparagraph repealed);

(l)  (subparagraph repealed);

(m)  (subparagraph repealed);

(n)  determine the conditions a business must fulfil to obtain financial assistance in accordance with this Act;

(o)  define, for the purposes of section 8, the expression “head office of a business”;

(p)  determine the cases in which duties or charges are exigible from a business that applies for financial assistance and establish the mode of computing them.

The regulations provided for in this section shall come into force on the date of their publication in the Gazette officielle du Québec or on any later date fixed therein.

A regulation under this section pertaining to a matter under the jurisdiction of a minister other than the Minister of Industry and Commerce may be made only on the recommendation of the Minister of Industry and Commerce prepared in cooperation with the minister concerned.

1971, c. 64, s. 48; 1974, c. 56, s. 14; 1975, c. 15, s. 31; 1979, c. 13, s. 14; 1982, c. 39, s. 11; 1986, c. 110, s. 14.

1982-06-23

47. The Government may make regulations to:

(a)  determine the classes of businesses and the regions of Québec with respect to which financial assistance must be granted by priority and the economic and social factors which must serve as guidelines in the selection of the businesses to which such assistance may be granted;

(b)  establish criteria to determine which businesses may receive financial assistance, taking into account, particularly, the class to which such businesses belong, the products they produce, the services they offer and the regions in which they are established;

(c)  determine the form, conditions and modalities of the financial assistance contemplated in paragraph e of section 7;

(d)  define the expression “tertiary actuators sector”;

(e)  determine the form and tenor of applications for financial assistance, the information they must contain and the documents that must accompany them;

(f)  determine the nature and extent of the security which must be required or accepted by the Corporation when financial assistance is granted to a business;

(g)  determine the methods which must be used to establish the current market rate of interest;

(h)  determine the amount over which the grant of financial assistance requires the authorization of the Government or the Minister;

(h.1)  determine the cases and conditions where the Minister or the Corporation may grant financial assistance without the authorization of the Government;

(i)  determine the conditions upon which all or part of the cost of the loans contracted by a business may be assumed by the Corporation, the maximum term of such loans, the norms with which they must comply and the classes of financial institutions with which they may be contracted;

(j)  provide for the registration, transfer, transmission, exchange and redemption of any industrial bond;

(k)  provide for the replacement of industrial bonds which have been damaged, lost, stolen or destroyed, the payment of interest or capital to their holders and the guarantees they must give;

(l)  provide for the correction of errors respecting the registration of industrial bonds;

(m)  determine the criteria and modalities of the carrying out of programs of financial assistance contemplated in this Act;

(n)  determine the conditions a business must fulfil to obtain financial assistance in accordance with this Act;

(o)  define, for the purposes of section 8, the expression “head office of a business”.

The regulations provided for in this section shall come into force on the date of their publication in the Gazette officielle du Québec or on any later date fixed therein.

1971, c. 64, s. 48; 1974, c. 56, s. 14; 1975, c. 15, s. 31; 1979, c. 13, s. 14; 1982, c. 39, s. 11.

1979-06-22

47. The Government may make regulations to:

(a)  determine the classes of businesses and the regions of Québec with respect to which financial assistance must be granted by priority and the economic and social factors which must serve as guidelines in the selection of the businesses to which such assistance may be granted;

(b)  establish criteria applicable to businesses to determine whether they are subject to the application of section 2, having regard particularly to the class to which such businesses belong, the products they produce and the regions in which they are established;

(c)  determine the methods of grouping together businesses which qualify them for financial assistance under paragraph b of section 2;

(d)  determine the amount below which financial assistance may be granted by the Minister under section 14.1 without the prior authorization of the Government;

(e)  determine the form and tenor of applications for financial assistance, the information they must contain and the documents that must accompany them;

(f)  determine the nature and extent of the security which must be required or accepted by the Corporation when financial assistance is granted to a business;

(g)  determine the methods which must be used to establish the current market rate of interest contemplated in section 5;

(h)  determine the cases where the rate of interest granted on loans is lower than the current rate and the rate of interest then applicable;

(i)  determine the conditions upon which part of the cost of the loans contracted by a business may be assumed by the Corporation under paragraph d of section 3, the maximum term of such loans, the norms with which they must comply and the classes of financial institutions with which they may be contracted;

(j)  provide for the registration, transfer, transmission, exchange and redemption of any industrial bond;

(k)  provide for the replacement of industrial bonds which have been damaged, lost, stolen or destroyed, the payment of interest or capital to their holders and the guarantees they must give;

(l)  provide for the correction of errors respecting the registration of industrial bonds;

(m)  determine on what conditions a business contemplated in paragraph e of section 2 may benefit by a partial exemption from repayment of a loan;

(n)  determine, for the purposes of paragraph e of section 2, the businesses which may be considered as businesses contributing toward the export of products manufactured in Québec and the conditions they must fulfil to be entitled to receive financial assistance;

(n.1)  define, for the purposes of section 4, what is the head office of a business;

(o)  determine the conditions on which the Corporation is to administer the programmes of financial assistance referred to it by virtue of the second paragraph of section 16.

The regulations provided for in this section shall come into force on the date of their publication in the Gazette officielle du Québec or on any later date fixed therein.

1971, c. 64, s. 48; 1974, c. 56, s. 14; 1975, c. 15, s. 31; 1979, c. 13, s. 14.

1977-12-31

47. The Gouvernement may make regulations to:

(a)  determine the classes of businesses and the regions of Québec with respect to which financial assistance must be granted by priority and the economic and social factors which must serve as guidelines in the selection of the businesses to which such assistance may be granted;

(b)  establish the criteria applicable to businesses to determine whether they are subject to the application of subparagraphs a, b or c of the first paragraph of section 2 or to that of the second paragraph of the said section, as the case may be, having regard particularly to the class to which such businesses belong, the products they produce and the regions in which they are established;

(c)  determine the methods of regrouping manufacturing businesses which qualify them for financial assistance;

(d)  determine the amount below which financial assistance may be granted by the Minister under the first paragraph of section 5 or paragraph a of section 8, notwithstanding section 14, without the authorization of the Gouvernement being necessary;

(e)  determine the form and tenor of applications for financial assistance, the information they must contain and the documents that must accompany them;

(f)  determine the nature and extent of the security which must be required or retained by the Corporation when financial assistance is granted to a manufacturing business;

(g)  determine the methods which must be used to fix the current rate of interest contemplated in section 6;

(h)  determine the rates of interest at which loans may be granted to businesses contemplated in paragraphs a and b of section 2, or in the second paragraph of the said section, according to the classes of businesses to which such loans are granted, the products they manufacture and the regions in which they are established;

(i)  determine the conditions upon which part of the cost of the loans contracted by a business may be assumed by the Corporation under paragraph a of section 8, the maximum term of such loans, the standards with which they must comply and the classes of financial institutions with which they may be contracted;

(j)  provide for the registration, transfer, transmission, exchange and redemption of any industrial bond;

(k)  provide for the replacement of industrial bonds which have been damaged, lost, stolen or destroyed, the payment of interest or capital to their holders and the guarantees they must give;

(l)  provide for the correction of errors respecting the registration of industrial bonds;

(m)  determine the extent to which a business may be exempted from repaying part of a loan under paragraph b of section 8 according to the extent to which its performance improves, the class of businesses to which it belongs, the products it produces, the region in which it is established and the number of jobs which it creates;

(n)  determine, for the purposes of the second paragraph of section 2, the manufacturing and commercial businesses which may be considered as businesses exporting products manufactured in Québec and the conditions they must fulfil to be entitled to receive financial assistance;

(o)  determine the conditions on which the Corporation is to administer the programmes of financial assistance referred to it by virtue of the second paragraph of section 16.

The regulations provided for in this section shall come into force on the date of their publication in the Gazette officielle du Québec or on any later date fixed therein.

1971, c. 64, s. 48; 1974, c. 56, s. 14; 1975, c. 15, s. 31.