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S-29.1 - Act respecting Québec business investment companies

Section 15.3
Disposition versions

Full text
15.3. (Repealed).
1986, c. 113, s. 7; 1989, c. 72, s. 17; 1999, c. 40, s. 305; 1999, c. 83, s. 303.
15.3. A stock ownership plan may provide that an individual is not an eligible employee of a legal person if, at the time of acquisition of the shares of the company, he cannot prove three consecutive months of service with the qualified legal person or a subsidiary mentioned in section 15.2 or 15.2.1.
1986, c. 113, s. 7; 1989, c. 72, s. 17; 1999, c. 40, s. 305.
15.3. A stock ownership plan may provide that an individual is not an eligible employee of a corporation if, at the time of acquisition of the shares of the company, he cannot prove three consecutive months of service with the qualified corporation or a subsidiary mentioned in section 15.2 or 15.2.1.
1986, c. 113, s. 7; 1989, c. 72, s. 17.
15.3. A stock ownership plan may provide that an individual is not an eligible employee of a corporation if, at the time of acquisition of the shares of the company, he cannot prove three consecutive months of service with the corporation, or with a subsidiary not less than 90% of the shares of the issued capital stock of which having full voting rights under all circumstances are owned directly or indirectly by the corporation.
1986, c. 113, s. 7.
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