Ministère de l'Emploi et de la Solidarité sociale
Consolidated Statutes and Regulations Consolidated Statutes Consolidated Regulations Annual Statutes and Regulations Annual Statutes Annual Regulations Additional information Québec Official Publisher What’s new? Information note Policy of the Minister of Justice Laws: Amendments Laws: Provisions not in force Laws: Provisions brought into force Annual Statutes: PDF versions since 1996 Regulations: Amendments Annual Regulations: PDF versions since 1996 Court Decisions

S-29.1, r. 1 - Québec Business Investment Companies Regulation

Section 24
Disposition versions

Full text
24. Every qualified legal person must operate primarily in one or more of the sectors of activity covered by section 3 for the 24 months following the date of a qualified investment, unless it has become necessary for ensuring its profitability to operate in another sector of activity. In such case, prior authorization by Investissement Québec is required.
A qualified legal person in financial difficulty may not cease its activities during the 24 months following the date of a qualified investment without prior authorization by Investissement Québec.
O.C. 1627-85, s. 24; O.C. 1256-90, s. 10; O.C. 1136-2004, s. 15.
© Gouvernement du Québec