197. The Régie de l’assurance-dépôts du Québec may, on such conditions as it may determine, issue to a caisse d’entraide économique a permit ending on 30 November 1982 even if that union does not meet the provisions of the Deposit Insurance Act (chapter A-26) and the regulations thereunder respecting the granting of a permit. The permit so issued may at any time be suspended or cancelled by the Régie. However, the Régie must allow the union to be heard within fifteen days from the suspension or cancellation of the permit.
The permit the Régie may issue under this section may have effect, if it is so stipulated therein, from any date not before 15 November 1981.