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D-13.1 - Act respecting hunting and fishing rights in the James Bay and New Québec territories

Section 51.1
Disposition versions

Full text
51.1. The right of first refusal shall apply and be exercisable only in respect of the assets of the outfitting operation in the case of
(1)  a transfer in which the assets to be transferred include assets relating to activities other than those of the outfitting operation;
(2)  a transfer of interests in a partnership or shares of a legal person in which the assets include assets relating to activities other than those of the outfitting operation.
If the interested Native party exercises its right of first refusal, the owner shall transfer the assets of the outfitting operation to the interested Native party.
1989, c. 40, s. 5; 1999, c. 40, s. 110.
51.1. The right of first refusal shall apply and be exercisable only in respect of the assets of the outfitting operation in the case of
(1)  a transfer in which the assets to be transferred include assets relating to activities other than those of the outfitting operation;
(2)  a transfer of interests in a partnership or shares of a corporation in which the assets include assets relating to activities other than those of the outfitting operation.
If the interested Native party exercises its right of first refusal, the owner shall transfer the assets of the outfitting operation to the interested Native party.
1989, c. 40, s. 5.
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