D-12 - Business Concerns Records Act

Section 3 Disposition versions

2011-02-14

3. The prohibition enacted in section 2 shall not apply in the case of the removal or sending of a document out of Québec

(a)  by an agency, branch, legal person or firm carrying on business in Québec, to a principal, head office, affiliated legal person or firm, agency or branch situated outside Québec, in the ordinary course of their business;

(b)  by or on behalf of a natural or legal person, a partnership or an association that is not a legal person carrying on business in Québec, to a territory subject to another political jurisdiction in which the sale of the securities of such person, partnership or association has been authorized;

(c)  by or on behalf of any such person, partnership or association carrying on business in Québec as a broker, security issuer or salesman within the meaning of the Securities Act (chapter V-1.1), to a territory subject to another political jurisdiction in which any such person, partnership or association has been registered or is otherwise authorized to carry on business as broker, security issuer or salesman, as the case may be;

(d)  whenever such removal or sending is authorized by any law of Québec or of the Parliament of Canada, in accordance with their respective jurisdictions.

R. S. 1964, c. 278, s. 3; 2009, c. 52, s. 590.

1977-12-31

3. The prohibition enacted in section 2 shall not apply in the case of the removal or sending of a document out of Québec

(a)  by an agency, branch, company or firm carrying on business in Québec, to a principal, head office, affiliated company or firm, agency or branch situated outside Québec, in the ordinary course of their business;

(b)  by or on behalf of a company or person, as defined by the Securities Act, (chapter V-1) carrying on business in Québec, to a territory subject to another political jurisdiction in which the sale of the securities of such company or person has been authorized;

(c)  by or on behalf of any such company or person carrying on business in Québec as a broker, security issuer or salesman within the meaning of the Securities Act, to a territory subject to another political jurisdiction in which any such company or person has been registered or is otherwise authorized to carry on business as broker, security issuer or salesman, as the case may be;

(d)  whenever such removal or sending is authorized by any law of Québec or of the Parliament of Canada, in accordance with their respective jurisdictions.

R. S. 1964, c. 278, s. 3.