Q-2, r. 18 - Regulation respecting the burial of contaminated soils

Section 51 Disposition versions

2021-07-15

51. The security shall be provided

(1)  in cash, by bank draft or by certified cheque made out to the Minister of Finance;

(2)  by bonds issued or guaranteed by Québec, Canada or another Canadian province, the United States of America or one of the member States, the International Bank for Reconstruction and Development, a municipality, a school service centre or a school board in Canada or a fabrique in Québec;

(3)  by suretyship or a guarantee policy, with a stipulation of solidarity and a waiver of the benefits of discussion and division, taken with a legal person authorized to stand security under the Bank Act (S.C. 1991, c. 46), the Trust Companies and Savings Companies Act (chapter S-29.02), the Insurers Act (chapter A-32.1) or the Act respecting financial services cooperatives (chapter C-67.3); or

(4)  by an irrevocable letter of credit issued by a banking institution or by a financial services cooperative.

O.C. 843-2001, s. 51; O.C. 488-2017, s. 17; O.C. 816-2021, s. 80.

2019-06-13

51. The security shall be provided

(1)  in cash, by bank draft or by certified cheque made out to the Minister of Finance;

(2)  by bonds issued or guaranteed by Québec, Canada or another Canadian province, the United States of America or one of the member States, the International Bank for Reconstruction and Development, a municipality or a school board in Canada or a fabrique in Québec;

(3)  by suretyship or a guarantee policy, with a stipulation of solidarity and a waiver of the benefits of discussion and division, taken with a legal person authorized to stand security under the Bank Act (S.C. 1991, c. 46), the Trust Companies and Savings Companies Act (chapter S-29.02), the Insurers Act (chapter A-32.1) or the Act respecting financial services cooperatives (chapter C-67.3); or

(4)  by an irrevocable letter of credit issued by a banking institution or by a financial services cooperative.

O.C. 843-2001, s. 51; O.C. 488-2017, s. 17.

2017-06-15

51. The security shall be provided

(1)  in cash, by bank draft or by certified cheque made out to the Minister of Finance;

(2)  by bonds issued or guaranteed by Québec, Canada or another Canadian province, the United States of America or one of the member States, the International Bank for Reconstruction and Development, a municipality or a school board in Canada or a fabrique in Québec;

(3)  by suretyship or a guarantee policy, with a stipulation of solidarity and a waiver of the benefits of discussion and division, taken with a legal person authorized to stand security under the Bank Act (S.C. 1991, c. 46), the Act respecting trust companies and savings companies (chapter S-29.01), the Act respecting insurance (chapter A-32) or the Act respecting financial services cooperatives (chapter C-67.3); or

(4)  by an irrevocable letter of credit issued by a banking institution or by a financial services cooperative.

O.C. 843-2001, s. 51; O.C. 488-2017, s. 17.

2012-09-01

51. The security shall be provided

(1)  in cash, by bank draft or by certified cheque made out to the Minister of Finance;

(2)  by bearer bonds issued or guaranteed by Québec, Canada or another Canadian province, the United States of America or one of the member States, the International Bank for Reconstruction and Development, a municipality or a school board in Canada or a fabrique in Québec;

(3)  by suretyship or a guarantee policy, with a stipulation of solidarity and a waiver of the benefits of discussion and division, taken with a legal person authorized to stand security under the Bank Act (S.C. 1991, c. 46), the Act respecting trust companies and savings companies (chapter S-29.01), the Act respecting insurance (chapter A-32) or the Act respecting financial services cooperatives (chapter C-67.3); or

(4)  by an irrevocable letter of credit issued by a banking institution or by a savings and credit union.

O.C. 843-2001, s. 51.