Ministère de l'Emploi et de la Solidarité sociale
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G-1.031 - Act respecting the Cree Nation Government

Section 68
Disposition versions

Full text
68. The Board shall,
(a)  until 31 October 1997, invest directly or by the intermediary of one or several legal persons wholly owned by the Cree Nation Government, constituted either by a special Act of Québec, or under laws of Québec of general application, at least 50% of the portion, intended for the Crees, of the compensation referred to in Subsection 25.1 of the Agreement, as and when it is received, in the investments described in the schedule;
(b)  until 31 October 1987, invest directly or by the intermediary of one or several legal persons wholly owned by the Cree Nation Government, constituted by a special Act of Québec or under laws of Québec of general application, at least 25%, in addition to the minimum of 50% contemplated in paragraph a, of the portion, intended for the Crees, of the compensation contemplated in Subsection 25.1 of the Agreement, as and when it is received, in the investments described in the schedule.
1978, c. 89, s. 68; 1999, c. 40, s. 8; 2013, c. 19, s. 49.
68. The Board shall,
(a)  until 31 October 1997, invest directly or by the intermediary of one or several legal persons wholly owned by the Cree Regional Authority, constituted either by a special Act of Québec, or under laws of Québec of general application, at least 50% of the portion, intended for the Crees, of the compensation referred to in Subsection 25.1 of the Agreement, as and when it is received, in the investments described in the schedule;
(b)  until 31 October 1987, invest directly or by the intermediary of one or several legal persons wholly owned by the Cree Regional Authority, constituted by a special Act of Québec or under laws of Québec of general application, at least 25%, in addition to the minimum of 50% contemplated in paragraph a, of the portion, intended for the Crees, of the compensation contemplated in Subsection 25.1 of the Agreement, as and when it is received, in the investments described in the schedule.
1978, c. 89, s. 68; 1999, c. 40, s. 8.
68. The Board shall,
(a)  until 31 October 1997, invest directly or by the intermediary of one or several corporations wholly owned by the Cree Regional Authority, incorporated either by a special act of Québec, or under laws of Québec of general application, at least fifty per cent of the portion, intended for the Crees, of the compensation referred to in Subsection 25.1 of the Agreement, as and when it is received, in the investments described in the schedule;
(b)  until 31 October 1987, invest directly or by the intermediary of one or several corporations wholly owned by the Cree Regional Authority, incorporated by a special act of Québec or under laws of Québec of general application, at least twenty-five per cent, in addition to the minimum of fifty per cent contemplated in paragraph a, of the portion, intended for the Crees, of the compensation contemplated in Subsection 25.1 of the Agreement, as and when it is received, in the investments described in the schedule.
1978, c. 89, s. 68.
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