S-34 - Act respecting fiscal incentives to industrial development

Section 21 Disposition versions

1980-06-18

21. For the purposes of this chapter, the expression “allowable investment” means the amounts of money invested in Québec, in respect of prescribed manufacturing or processing operations other than initial processing operations in a resource-based industry, by a corporation carrying on a manufacturing operation therein, during the period commencing 1 April 1977 and terminating 31 March 1981, for

(a)  the purchase, the leasing, or the construction, improvement or expansion, of plants or factories, or the purchase of land required for the operation of such plants or factories and to be used for such purpose within a reasonable delay; or,

(b)  the purchase, including installation, of machinery, tools and equipment, or of their components, intended for the operation of plants or factories.

However, the amounts of money so invested during such period for which a certificate contemplated in section 14 was obtained do not come within the definition of “allowable investment”.

1977, c. 59, s. 21; 1980, c. 13, s. 122.

1977-12-31

21. For the purposes of this chapter, the expression “allowable investment” means the amounts of money invested in Québec, in respect of prescribed manufacturing or processing operations other than initial processing operations in a resource-based industry, by a corporation carrying on a manufacturing operation therein, during the period commencing 1 April 1977 and terminating 31 March 1980, for

(a)  the purchase, the leasing, or the construction, improvement or expansion, of plants or factories, or the purchase of land required for the operation of such plants or factories and to be used for such purpose within a reasonable delay; or,

(b)  the purchase, including installation, of machinery, tools and equipment, or of their components, intended for the operation of plants or factories.

However, the amounts of money so invested during such period for which a certificate contemplated in section 14 was obtained do not come within the definition of “allowable investment”.

1977, c. 59, s. 21.