S-17.4 - Act respecting Société Innovatech Québec et Chaudière-Appalaches

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28. After a reduction of the share capital of the Société and an equivalent repayment of capital to the Minister of Finance are effected under the Act respecting the reduction of the share capital of legal persons established in the public interest and of their subsidiaries (chapter R‐2.2.1), the Minister of Finance may, with the authorization of the Government and on the conditions it determines, subscribe shares of the Société the value of which shall not exceed the amount of the repayment. Such shares shall be paid out of the Consolidated Revenue Fund. Certificates shall be issued when the shares are fully paid.
1998, c. 21, s. 28.