S-16.02 - Act respecting the Société du tourisme du Québec

Section 9 Disposition versions

1999-10-22

9. The Société may not, without authorization from the Government,

(1)  acquire or dispose of stocks, shares or assets in a legal person;

(2)  build, acquire, alienate or lease an immovable or give an immovable as security;

(3)  make a financial commitment that is inconsistent with the limits and the terms and conditions determined by the Government;

(4)  contract a loan that increases the aggregate of its outstanding loans to more than the amount determined by the Government;

(5)  exercise a mandate relating to the negotiation of a collective labour agreement with its employees;

(6)  sign a collective labour agreement with its employees.

The Government may subordinate its authorization to the conditions it determines.

1994, c. 27, s. 9; 1999, c. 40, s. 292.

2999-12-31

9. The Société may not, without authorization from the Government,

(1)  acquire or dispose of stocks, shares or assets in a legal person;

(2)  build, acquire or alienate an immovable, transfer an immovable, by lease or otherwise, or give an immovable as security;

(3)  make a financial commitment that is inconsistent with the limits and the terms and conditions determined by the Government;

(4)  contract a loan that increases the aggregate of its outstanding loans to more than the amount determined by the Government;

(5)  exercise a mandate relating to the negotiation of a collective labour agreement with its employees;

(6)  sign a collective labour agreement with its employees.

The Government may subordinate its authorization to the conditions it determines.

1994, c. 27, s. 9.