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C-2 - Act respecting the Caisse de dépôt et placement du Québec

Section 34
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34. The Fund may make any investments, operations or loans other than those which it is authorized to make under the preceding sections, subject to the following restrictions:
(a)  the total amount invested in investments, operations and loans under this section shall not exceed 10% of the Fund’s total assets;
(b)  under this section, the Fund may not invest more than 1% of its total assets in one legal person, in an immovable constituting a single undertaking, in a debt secured by any such immovable or in a loan secured by securities of one legal person or by a debt secured by an immovable constituting a single undertaking;
(c)  the Fund may not, under this section, derogate from sections 31.2 and 32.
1965 (1st sess.), c. 23, s. 31; 1969, c. 27, s. 11; 1987, c. 83, s. 3; 1992, c. 22, s. 17; 2004, c. 33, s. 22.
34. The Fund may make any investments, operations or loans other than those which it is authorized to make under the preceding sections, subject to the following restrictions:
(a)  the total amount invested in investments, operations and loans under this section shall not exceed 10 % of the Fund’s total assets;
(b)  under this section, the Fund may not invest more than 1 % of its total assets in one legal person, in an immovable constituting a single undertaking, in a debt secured by any such immovable or in a loan secured by securities of one legal person or by a debt secured by an immovable constituting a single undertaking;
(c)  the Fund may not, under this section, derogate from section 32.
1965 (1st sess.), c. 23, s. 31; 1969, c. 27, s. 11; 1987, c. 83, s. 3; 1992, c. 22, s. 17.
34. The Fund may make any investments or loans other than those which it is authorized to make under the preceding sections, subject to the following restrictions:
(a)  the total amount invested in investments and loans under this section shall not exceed 10 % of the Fund’s total assets;
(b)  under this section, the Fund may not invest more than 1 % of its total assets in one company, in an immoveable constituting a single undertaking, in a debt secured by any such immoveable or in a loan secured by securities of one company or by a debt secured by an immoveable constituting a single undertaking;
(c)  the Fund may not, under this section, derogate from section 32.
1965 (1st sess.), c. 23, s. 31; 1969, c. 27, s. 11; 1987, c. 83, s. 3.
34. The Fund may make any investments or loans other than those which it is authorized to make under the preceding sections, subject to the following restrictions:
(a)  the total amount invested in investments and loans under this section shall not exceed 7% of the Fund’s total assets;
(b)  under this section, the Fund may not invest more than 1% of its total assets in one company, in an immoveable constituting a single undertaking, in a debt secured by any such immoveable or in a loan secured by securities of one company or by a debt secured by an immoveable constituting a single undertaking;
(c)  the Fund may not, under this section, derogate from section 32.
1965 (1st sess.), c. 23, s. 31; 1969, c. 27, s. 11.
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