C-4 - Savings and Credit Unions Act

Full text
148. Any cooperative syndicate governed by the Cooperative Syndicates Act (chapter S-38) which wishes to pursue exclusively the objects contemplated in section 3 may cease to be governed by the said Act and become a union governed by this Act.
For such purpose it shall send to the Minister, in duplicate, an application in conformity with form 4.
If the Minister approves such application, he shall so indicate by signing each duplicate. Before granting his approval the Minister shall obtain the opinion of the Inspector General.
Notice of such approval shall be published in the Gazette officielle du Québec at the expense of the syndicate and, from such publication, the syndicate shall become a union governed by this Act.
After the publication of such notice, one of the duplicates of the application shall be deposited with the Inspector General and the other shall be sent to the union.
The publication of the notice shall be proof of the existence of the union and of the name by which it is to be designated.
1970, c. 59, s. 44; 1975, c. 76, s. 11; 1977, c. 5, s. 14; 1981, c. 9, s. 24; 1982, c. 52, s. 105.
148. Any cooperative syndicate governed by the Cooperative Syndicates Act (chapter S-38) which whishes to pursue exclusively the objects contemplated in section 3 may cease to be governed by the said act and become a union governed by this act.
For such purpose it shall send to the Minister, in duplicate, an application in conformity with form 4.
If the Minister approves such application, he shall so indicate by signing each duplicate.
Notice of such approval shall be published in the Gazette officielle du Québec at the expense of the syndicate and, from such publication, the syndicate shall become a union governed by this act.
After the publication of such notice, one of the duplicates of the application shall be deposited in the archives of the Ministère des Institutions financières et Coopératives and the other shall be sent to the union.
The publication of the notice shall be proof of the existence of the union and of the name by which it is to be designated.
1970, c. 59, s. 44; 1975, c. 76, s. 11; 1977, c. 5, s. 14; 1981, c. 9, s. 24.
148. Any cooperative syndicate governed by the Cooperative Syndicates Act (chapter S-38) which whishes to pursue exclusively the objects contemplated in section 3 may cease to be governed by the said act and become a union governed by this act.
For such purpose it shall send to the Minister, in duplicate, an application in conformity with form 4.
If the Minister approves such application, he shall so indicate by signing each duplicate.
Notice of such approval shall be published in the Gazette officielle du Québec at the expense of the syndicate and, from such publication, the syndicate shall become a union governed by this act.
After the publication of such notice, one of the duplicates of the application shall be deposited in the archives of the Ministère des consommateurs, coopératives et institutions financières and the other shall be sent to the union.
The publication of the notice shall be proof of the existence of the union and of the name by which it is to be designated.
1970, c. 59, s. 44; 1975, c. 76, s. 11; 1977, c. 5, s. 14.