S-21 - Act respecting the Société québécoise d’initiatives agro-alimentaires

Section 7.1 Disposition versions

1983-06-22

7.1. In addition, the Minister of Finance shall pay to the company, out of the consolidated revenue fund, during each of the fiscal years 1983-84 and 1984-85, the sum of $3 000 000 and, during the fiscal year 1985-86, the sum of $4 000 000 for 100 000 fully paid-up shares of its capital stock, for which share certificates shall be issued to him in return for such payments as and when they are made.

The Minister of Finance may also pay to the company, out of the consolidated revenue fund, with the previous approval of the Government, in one or several payments, according to the needs of the company, the sum of $35 000 000 for 350 000 fully paid-up shares of its capital stock, for which share certificates shall be issued to him in return for such payments as and when they are made.

1983, c. 31, s. 3.