S-11.03 - Act respecting the Société de la Place des Arts de Montréal

Section 21 Disposition versions

2001-06-20

21. The Société shall not, without obtaining the prior authorization of the Government,

(1)  exercise its powers in respect of property other than the Place des Arts de Montréal;

(2)  acquire, alienate, hypothecate or take a lease on an immovable;

(3)  acquire or dispose of shares, stock or assets of a legal person;

(4)  contract a loan that increases the aggregate of sums borrowed by the Société and outstanding above the amount determined by the Government;

(5)  (paragraph repealed);

(6)  (paragraph repealed).

1982, c. 9, s. 21; 1999, c. 40, s. 280; 2000, c. 7, s. 5; 2000, c. 8, s. 195.

2000-05-30

21. The Société shall not, without obtaining the prior authorization of the Government,

(1)  exercise its powers in respect of property other than the Place des Arts de Montréal;

(2)  acquire, alienate, hypothecate or take a lease on an immovable;

(3)  acquire or dispose of shares, stock or assets of a legal person;

(4)  contract a loan that increases the aggregate of sums borrowed by the Société and outstanding above the amount determined by the Government;

(5)  exercise a mandate pertaining to the negotiation of a collective labour agreement with its employees;

(6)  (paragraph repealed).

1982, c. 9, s. 21; 1999, c. 40, s. 280; 2000, c. 7, s. 5.

1999-10-22

21. The Société shall not, without obtaining the prior authorization of the Government,

(1)  exercise its powers in respect of property other than the Place des Arts de Montréal;

(2)  acquire, alienate, hypothecate or take a lease on an immovable;

(3)  enter into a contract for more than three years, except a contract for less than five years in which the Société is the lessor;

(4)  contract a loan that increases the aggregate of sums borrowed by the Société and outstanding above the amount determined by the Government;

(5)  exercise a mandate pertaining to the negotiation of a collective labour agreement with its employees;

(6)  sign a collective labour agreement with its employees.

1982, c. 9, s. 21; 1999, c. 40, s. 280.

1982-07-01

21. The Corporation shall not, without obtaining the prior authorization of the Government,

(1)  exercise its powers in respect of property other than the Place des Arts de Montréal;

(2)  acquire, alienate, hypothecate or take a lease on an immoveable;

(3)  enter into a concontractor more than three years, except a contract for less than five years in which the Corporation is the lessor;

(4)  contract a loan that increases the aggregate of sums borrowed by the Corporation and outstanding above the amount determined by the Government;

(5)  exercise a mandate pertaining to the negotiation of a collective labour agreement with its employees;

(6)  sign a collective labour agreement with its employees.

1982, c. 9, s. 21.