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

Section 7.3
Disposition versions

Full text
7.3. The Minister of Finance may pay to the Company, out of the consolidated revenue fund and with prior approval of the Government, an amount of $100,000,000 for 1,000,000 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 for the approval contemplated in the first paragraph.
1996, c. 24, s. 3.
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