S-34 - Act respecting fiscal incentives to industrial development

Section 2 Disposition versions

1977-12-31

2. A fund hereinafter called the “industrial incentives fund” is created to enable corporations to plan their expansion as well as to encourage the reinvestment of their profits and to facilitate the financing of operations susceptible of increasing their economic and financial performance.

The Minister of Finance shall administer the fund, and the Minister of Revenue shall keep accounts of the sums accruing in the fund in favour of each corporation.

1977, c. 59, s. 2.