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I-16.0.1 - Act respecting Investissement Québec

Section 35.22
Disposition versions

Full text
35.22. Each proposed investment of sums credited to the Fund is subject to authorization by the Minister and to a favourable opinion from the Minister of Finance, acting on the recommendation of the Ministère des Finances.
Apart from the proposed investment of such sums referred to in section 12.1, a proposed investment that would result in an acquisition of control or cause the sums taken out of the Fund and invested in the same enterprise or in affiliated enterprises to exceed $50,000,000 may not be authorized by that Minister and requires the authorization of the Government.
2019, c. 29, s. 30.
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