965.9.8.4. Notwithstanding paragraph e of section 965.9.8.1 where that paragraph refers to paragraph c of section 965.7, a non-guaranteed convertible security issued as part of a non-guaranteed convertible security issue may, under the conditions pertaining to its issue, be, within a period of 1,825 days commencing on the date that is 1,825 days after the date of its issue, redeemed or repaid by the issuing corporation or purchased by anyone, in any manner whatever, directly or indirectly, for any amount not less than the par value of the security.
1992, c. 1, s. 113; 1997, c. 3, s. 71.