M-11.6 - Act respecting certain measures enabling the enforcement of environmental and dam safety legislation

Section 33 Disposition versions

2022-05-12

33. The Government or the Minister may refuse to issue, amend or renew an authorization required under the Acts concerned, may amend, suspend, revoke or cancel such an authorization, in whole or in part, or may oppose its transfer if, where applicable, the applicant or authorization holder or, in the case of a legal person, one of its directors, officers or shareholders has entered into a contract for a loan of money with a person to finance activities covered by the authorization and if this person or, in the case of a legal person, one of its directors, officers or shareholders has, in the last five years, been found guilty of an offence under a fiscal law, a criminal offence connected with activities covered by the authorization or an indictable offence under sections 467.11 to 467.13 of the Criminal Code (R.S.C. 1985, c. C-46).

For the purposes of the first paragraph, “loan of money” means a loan that is not granted by insurers governed by the Insurers Act (chapter A-32.1), financial services cooperatives governed by the Act respecting financial services cooperatives (chapter C-67.3), trust companies or savings companies governed by the Trust Companies and Savings Companies Act (chapter S-29.02) or banks listed in Schedule I or II of the Bank Act (S.C. 1991, c. 46), to the extent that those financial institutions are duly authorized to act in that capacity.

2022, c. 8, s. 1.

Not in force

In force: 2022-05-12

33. The Government or the Minister may refuse to issue, amend or renew an authorization required under the Acts concerned, may amend, suspend, revoke or cancel such an authorization, in whole or in part, or may oppose its transfer if, where applicable, the applicant or authorization holder or, in the case of a legal person, one of its directors, officers or shareholders has entered into a contract for a loan of money with a person to finance activities covered by the authorization and if this person or, in the case of a legal person, one of its directors, officers or shareholders has, in the last five years, been found guilty of an offence under a fiscal law, a criminal offence connected with activities covered by the authorization or an indictable offence under sections 467.11 to 467.13 of the Criminal Code (R.S.C. 1985, c. C-46).

For the purposes of the first paragraph, “loan of money” means a loan that is not granted by insurers governed by the Insurers Act (chapter A-32.1), financial services cooperatives governed by the Act respecting financial services cooperatives (chapter C-67.3), trust companies or savings companies governed by the Trust Companies and Savings Companies Act (chapter S-29.02) or banks listed in Schedule I or II of the Bank Act (S.C. 1991, c. 46), to the extent that those financial institutions are duly authorized to act in that capacity.

2022, c. 8, s. 1.