S-19 - Act respecting the Société québécoise d’exploration minière

Section 7 Disposition versions

1977-12-31

7. The Minister of Finance shall pay to the company, out of the consolidated revenue fund, in addition to the sums provided for in section 6, during the 1973 calendar year, an amount of $450 000 for 45,000 fully paid-up shares of its capital stock and, during each of the 1974 and 1975 calendar years, an amount of $650 000 for 65,000 similar shares.

Share certificates shall be issued to the Minister for such shares in return for such payments.

1973, c. 20, s. 2.