S-17.1 - Act respecting the Société immobilière du Québec

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21. A further object of the Société is to build and develop a convention centre in Montréal.
The Société may also take part in the construction, development and operation of Place Desjardins in Montréal.
For the purposes of the second paragraph, the Société may, with prior approval of the Government,
(1)  acquire and hold shares of the capital stock or other securities of Place Desjardins Inc.;
(2)  transfer the shares or other securities to the Caisse de dépôt et placement du Québec or to any legal person established in the public interest, to any public body or to la Fédération des caisses Desjardins du Québec or a holding company controlled by that federation, or to Place Desjardins Inc.;
(3)  associate with any legal person established in the public interest, any public body or any body of the Mouvement Desjardins for the attainment of the objects set forth in the second paragraph;
(4)  guarantee the completion of the work of construction and development of Place Desjardins;
(5)  advance to Place Desjardins Inc. any amount considered necessary, at such rate of interest, for such time and on such other conditions as the Société deems appropriate;
(6)  give any other guarantees or undertakings in respect of the work or its financing or resulting therefrom; and,
(7)  for purposes of the foregoing paragraphs, make such agreements as the Société deems appropriate.
1983, c. 40, s. 21; 1992, c. 2, s. 1; 1999, c. 40, s. 295; 2000, c. 29, s. 671.
21. A further object of the Société is to build and develop a convention centre in Montréal.
The Société may also take part in the construction, development and operation of Place Desjardins in Montréal.
For the purposes of the second paragraph, the Société may, with prior approval of the Government,
(1)  acquire and hold shares of the capital stock or other securities of Place Desjardins Inc.;
(2)  transfer the shares or other securities to the Caisse de dépôt et placement du Québec or to any legal person established in the public interest, to any public body or to a holding company controlled by La Confédération des caisses populaires et d’économie Desjardins du Québec or to Place Desjardins Inc.;
(3)  associate with any legal person established in the public interest, any public body or any body of the Mouvement Desjardins for the attainment of the objects set forth in the second paragraph;
(4)  guarantee the completion of the work of construction and development of Place Desjardins;
(5)  advance to Place Desjardins Inc. any amount considered necessary, at such rate of interest, for such time and on such other conditions as the Société deems appropriate;
(6)  give any other guarantees or undertakings in respect of the work or its financing or resulting therefrom; and,
(7)  for purposes of the foregoing paragraphs, make such agreements as the Société deems appropriate.
1983, c. 40, s. 21; 1992, c. 2, s. 1; 1999, c. 40, s. 295.
21. A further object of the corporation is to build and develop a convention centre in Montréal.
The corporation may also take part in the construction, development and operation of Place Desjardins in Montréal.
For the purposes of the second paragraph, the corporation may, with prior approval of the Government,
(1)  acquire and hold shares of the capital stock or other securities of Place Desjardins Inc.;
(2)  transfer the shares or other securities to the Caisse de dépôt et placement du Québec or to any public corporation or public body or to a holding company controlled by La Confédération des caisses populaires et d’économie Desjardins du Québec or to Place Desjardins Inc.;
(3)  associate with any public corporation or public body or any body of the Mouvement Desjardins for the attainment of the objects set forth in the second paragraph;
(4)  guarantee the completion of the work of construction and development of Place Desjardins;
(5)  advance to Place Desjardins Inc. any amount considered necessary, at such rate of interest, for such time and on such other conditions as the corporation deems appropriate;
(6)  give any other guarantees or undertakings in respect of the work or its financing or resulting therefrom; and,
(7)  for purposes of the foregoing paragraphs, make such agreements as the corporation deems appropriate.
1983, c. 40, s. 21; 1992, c. 2, s. 1.
21. A further object of the corporation is to build and develop a convention centre in Montréal.
The corporation shall also take part in the construction, development and operation of Place Desjardins in Montréal.
For the purposes of the second paragraph, the corporation may, with prior approval of the Government,
(1)  acquire and hold shares of the capital stock or other securities of Place Desjardins Inc.;
(2)  transfer the shares or other securities to the Caisse de dépôt et placement du Québec or to any public corporation or public body;
(3)  associate with any public corporation or public body or any body of the Mouvement Desjardins for the attainment of the objects set forth in the second paragraph;
(4)  guarantee the completion of the work of construction and development of Place Desjardins;
(5)  advance to Place Desjardins Inc. any amount considered necessary, at such rate of interest, for such time and on such other conditions as the corporation deems appropriate;
(6)  give any other guarantees or undertakings in respect of the work or its financing or resulting therefrom; and,
(7)  for purposes of the foregoing paragraphs, make such agreements as the corporation deems appropriate.
1983, c. 40, s. 21.