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S-19 - Act respecting the Société québécoise d’exploration minière
Section 11.1
Disposition versions
11.1. The Minister of Finance may, furthermore, pay to the company, out of the consolidated revenue fund, with prior approval of the Government and on such conditions as it may fix, an amount of $36 000 000 for 3 600 000 fully paid-up shares of its capital stock, for which the company shall remit certificates to him.
Payment may be made in one or several instalments; each instalment must be submitted for the approval contemplated in the first paragraph. The Minister of Finance may fix the payment period for each instalment.
