C-67.3, r. 1 - Regulation respecting the acquisition of shares by certain financial services cooperatives

Section 7 Disposition versions

2012-09-01

7. The provisions of the first paragraph of section 475 of the Act respecting financial services cooperatives (chapter C-67.3) do not apply:

(1)  to the acquisition by a holding company of the shares of another holding company referred to in paragraph 2 of section 2;

(2)  to the acquisition of shares of a legal person whose activities are exclusively commercial or industrial;

(3)  to the acquisition of shares of a legal person carrying out a joint venture, made in accordance with section 5;

(4)  to the acquisition of shares of a legal person, made in accordance with section 6.

O.C. 691-2001, s. 7.