26. To avail itself of the advantages provided for in this chapter in regard to an allowable investment, a corporation must, before the investment is made, obtain from the Minister of Industry, Trade, Science and Technology a certificate in respect of such investment, in prescribed form.
To obtain such certificate, a corporation must apply therefor to the Minister of Industry, Trade, Science and Technology and establish,(a) for an investment of less than $100 000 made in Zone I or an investment made in Zone II, that there exists a market for its new production without significant harm to the other businesses of the zone concerned; or
(b) for an investment of $100 000 or more made in Zone I, that it conforms to the requirements of subparagraph a of the first paragraph of section 2 of the Industrial Development Assistance Act (chapter A-13) as it read on 22 June 1982.
1977, c. 59, s. 26; 1979, c. 77, s. 27; 1984, c. 36, s. 44; 1988, c. 41, s. 89; 1994, c. 16, s. 51.