S-9 - Act respecting the Société de cartographie du Québec

Section 14 Disposition versions

1980-04-01

14. Without the prior authorization of the Government, the Company shall not:

(a)  provide its services outside Québec to any person or body and make with such person or body agreements respecting the terms and conditions whereby such services are to be provided;

(b)  contract a loan which increases to more than $500 000 its total outstanding borrowings;

(c)  acquire or dispose of property the value of which exceeds $50 000;

(d)  make by-laws respecting the exercise of its powers and its internal management.

Neither shall it acquire the shares or property of undertakings pursuing the same objects as itself or similar objects without the prior authorization of the Government and without having furnished the Minister of Energy and Resources with a valuation of such shares or property, prepared by an expert who must not be an officer or employee of the undertaking in question, of the Company or of the Government or of any body thereof; the Minister must lay such report before the National Assembly within fifteen days of the acquisition, if the Assembly is in session or, if not, within fifteen days after the opening of the next session.

1969, c. 39, s. 15; 1977, c. 5, s. 14; 1979, c. 21, s. 4; 1979, c. 81, s. 20.

1979-06-22

14. Without the prior authorization of the Gouvernement, the Company shall not:

(a)  provide its services outside Québec to any person or body and make with such person or body agreements respecting the terms and conditions whereby such services are to be provided;

(b)  contract a loan which increases to more than $500,000 its total outstanding borrowings;

(c)  acquire or dispose of property the value of which exceeds $50 000;

(d)  make by-laws respecting the exercise of its powers and its internal management.

Neither shall it acquire the shares or property of undertakings pursuing the same objects as itself or similar objects without the prior authorization of the Gouvernement and without having furnished the Minister of Lands and Forests with a valuation of such shares or property, prepared by an expert who must not be an officer or employee of the undertaking in question, of the Company or of the Gouvernement or of any body thereof; the Minister must lay such report before the Assemblée nationale within fifteen days of the acquisition, if the Assemblée is in session or, if not, within fifteen days after the opening of the next session.

1969, c. 39, s. 15; 1977, c. 5, s. 14; 1979, c. 21, s. 4.

1977-12-31

14. Without the prior authorization of the Gouvernement, the Company shall not:

(a)  provide its services outside Québec to any person or body and make with such person or body agreements respecting the terms and conditions whereby such services are to be provided;

(b)  contract a loan which increases to more than $500,000 its total outstanding borrowings;

(c)  acquire or dispose of property the value of which exceeds $10,000;

(d)  make by-laws respecting the exercise of its powers and its internal management.

Neither shall it acquire the shares or property of undertakings pursuing the same objects as itself or similar objects without the prior authorization of the Gouvernement and without having furnished the Minister of Lands and Forests with a valuation of such shares or property, prepared by an expert who must not be an officer or employee of the undertaking in question, of the Company or of the Gouvernement or of any body thereof; the Minister must lay such report before the Assemblée nationale within fifteen days of the acquisition, if the Assemblée is in session or, if not, within fifteen days after the opening of the next session.

It shall not acquire any airplane.

1969, c. 39, s. 15; 1977, c. 5, s. 14.