S-12 - Act respecting the Société de récupération, d’exploitation et de développement forestiers du Québec

Section 7.1 Disposition versions

1984-06-20

7.1. The Minister of Finance may pay to the Company, out of the consolidated revenue fund, with prior approval of the Government, an amount of $66 250 000 for 662 500 fully paid-up shares of its capital stock, for which a certificate shall be issued to him in return for such payment.

Such payment may be made in one or several instalments. If it is made in several instalments, each of them must be submitted of the approval contemplated in the first paragraph.

1984, c. 18, s. 2.