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V-1.1 - Securities Act

Section 145
Disposition versions

Full text
145. (Replaced).
1982, c. 48, s. 145; 1984, c. 41, s. 40; 1992, c. 35, s. 7; 2002, c. 45, s. 696; 2004, c. 37, s. 90; 2006, c. 50, s. 41.
145. The offeror and his joint actors shall offer the same conditions to all the holders of securities of the class that is the subject of a take-over bid. Both the offeror and his joint actors are prohibited from making any agreement that would have the effect of creating disparity among the holders.
The Authority has the power to authorize the offeror to enter into an agreement with one of the holders of securities which are the subject of the take-over bid where it considers that the agreement is not made for the purpose of increasing the consideration paid to that holder.
1982, c. 48, s. 145; 1984, c. 41, s. 40; 1992, c. 35, s. 7; 2002, c. 45, s. 696; 2004, c. 37, s. 90.
145. The offeror and his joint actors shall offer the same conditions to all the holders of securities of the class that is the subject of a take-over bid. Both the offeror and his joint actors are prohibited from making any agreement that would have the effect of creating disparity among the holders.
The Agency has the power to authorize the offeror to enter into an agreement with one of the holders of securities which are the subject of the take-over bid where it considers that the agreement is not made for the purpose of increasing the consideration paid to that holder.
1982, c. 48, s. 145; 1984, c. 41, s. 40; 1992, c. 35, s. 7; 2002, c. 45, s. 696.
145. The offeror and his joint actors shall offer the same conditions to all the holders of securities of the class that is the subject of a take-over bid. Both the offeror and his joint actors are prohibited from making any agreement that would have the effect of creating disparity among the holders.
The Commission has the power to authorize the offeror to enter into an agreement with one of the holders of securities which are the subject of the take-over bid where it considers that the agreement is not made for the purpose of increasing the consideration paid to that holder.
1982, c. 48, s. 145; 1984, c. 41, s. 40; 1992, c. 35, s. 7.
145. The offeror and his joint actors shall offer the same conditions to all the holders of securities of the class that is the subject of a take-over bid. Both the offeror and his joint actors are prohibited from making any agreement that would have the effect of creating disparity among the holders.
1982, c. 48, s. 145; 1984, c. 41, s. 40.
145. Sections 113, 114, 117 to 120 and 126 to 143 apply to an issuer bid, mutatis mutandis, if the bid is made to at least one security holder whose address according to the issuer’s records is in Québec.
1982, c. 48, s. 145.
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