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I-8.3 - Public Infrastructure Act

Section 55
Disposition versions

Full text
55. The Société signs, in favour of the Minister of Finance, a promissory note in the amount of the value of the property transferred, excluding the value of sums receivable and payable.
The amount of the note decreases the net debt of the Government, as defined in the public accounts prepared under the Financial Administration Act (chapter A-6.001).
The note is payable on demand to the Minister of Finance, including by the delivery of shares of the Société or by deduction from any sum the Government may owe the Société, and includes any other conditions determined by the Government.
2013, c. 23, s. 55; 2019, c. 29, s. 90.
55. The Société signs, in favour of the Minister of Finance and the Economy, a promissory note in the amount of the value of the property transferred, excluding the value of sums receivable and payable.
The amount of the note decreases the net debt of the Government, as defined in the public accounts prepared under the Financial Administration Act (chapter A-6.001).
The note is payable on demand to the Minister of Finance and the Economy, including by the delivery of shares of the Société or by deduction from any sum the Government may owe the Société, and includes any other conditions determined by the Government.
2013, c. 23, s. 55.
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