16. Any application for a certificate contemplated in section 14 concerning an allowable expenditure of less than $100 000 referred to in subparagraph a or b of the first paragraph of section 13 must set out, in particular, the date and the amount of the proposed expenditure and the place where it is to be made, and must also contain a description of such expenditure.
Any application for a certificate contemplated in section 14 concerning an allowable expenditure of $100 000 or more referred to in subparagraph a or b of the first paragraph of section 13 or an expenditure referred to in subparagraphs c to h of the said paragraph must contain, in addition to the information provided for in the first paragraph, confidentially and for the sole purposes of this Act, the corporation’s expansion programme in the prescribed form.
The Minister of Industry, Trade, Science and Technology shall not deny the benefit of this Act to a corporation on the basis of information contained in the corporation’s expansion programme.
1977, c. 59, s. 16; 1979, c. 77, s. 27; 1984, c. 36, s. 44; 1988, c. 41, s. 89; 1994, c. 16, s. 51.