Q-2, r. 12 - Regulation respecting biomedical waste

Section 58 Disposition versions

2019-06-13

58. The guarantee shall be provided by the operator, or by a third person on the operator’s behalf, in the form of:

(1)  cash or a certified cheque made out to the Minister of Finance;

(2)  bearer bonds, cashable at any time, issued or guaranteed by the Government of Canada, of Québec or of the person’s province of origin, or by a municipality, and having a market value at least equal to the amount of the guarantee required;

(3)  a solidary deed in the form of security or of a guarantee policy, with a waiver of the benefits of discussion and of division, issued by a banking institution, a savings and credit union or an insurer holding a permit issued under the Insurers Act (chapter A-32.1); or

(4)  an irrevocable letter of credit issued by a banking institution or a savings and credit union.

O.C. 583-92, s. 58; O.C. 492-2000, s. 4.

2012-09-01

58. The guarantee shall be provided by the operator, or by a third person on the operator’s behalf, in the form of:

(1)  cash or a certified cheque made out to the Minister of Finance;

(2)  bearer bonds, cashable at any time, issued or guaranteed by the Government of Canada, of Québec or of the person’s province of origin, or by a municipality, and having a market value at least equal to the amount of the guarantee required;

(3)  a solidary deed in the form of security or of a guarantee policy, with a waiver of the benefits of discussion and of division, issued by a banking institution, a savings and credit union or an insurer holding a permit issued under Chapter I of Title IV of the Act respecting insurance (chapter A-32); or

(4)  an irrevocable letter of credit issued by a banking institution or a savings and credit union.

O.C. 583-92, s. 58; O.C. 492-2000, s. 4.