Q-2, r. 19 - Regulation respecting the landfilling and incineration of residual materials

Section 141 Disposition versions

2020-09-17

141. The financial guarantee must be in one of the following forms:

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

(2)  a debt security in Canadian dollars issued or guaranteed by the Gouvernement du Québec or any other government in Canada having a market value at least 10% greater than the amount of the financial guarantee established in accordance with section 140 and whose term is longer than the term of the guarantee by 12 months;

(3)  a security with a waiver of the benefits of discussion and division issued by a legal person authorized to stand security under the Bank Act (S.C. 1991, c. 46), the Insurers Act (chapter A-32.1) or the Act respecting financial services cooperatives (chapter C-67.3);

(4)  an irrevocable letter of credit issued by a legal person referred to in paragraph 3.

O.C. 451-2005, s. 141; O.C. 488-2017, s. 19; O.C. 868-2020, s. 43.

2019-06-13

141. The financial guarantee must be in one of the following forms:

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

(2)  bonds issued or guaranteed by Québec, Canada or a Canadian province, the United States of America or one of its member States, the International Bank for Reconstruction and Development, a municipality or a school board in Canada or a fabrique in Québec;

(3)  a security or guarantee policy, with a stipulation of solidarity and renunciation of the benefits of discussion and division, issued by a legal person authorized to give guarantees under the Bank Act (S.C. 1991, c. 46), the Trust Companies and Savings Companies Act (chapter S-29.02), the Insurers Act (chapter A-32.1) or the Act respecting financial services cooperatives (chapter C-67.3);

(4)  an irrevocable letter of credit issued by a bank or a financial services cooperative.

O.C. 451-2005, s. 141; O.C. 488-2017, s. 19.

2017-06-15

141. The financial guarantee must be in one of the following forms:

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

(2)  bonds issued or guaranteed by Québec, Canada or a Canadian province, the United States of America or one of its member States, the International Bank for Reconstruction and Development, a municipality or a school board in Canada or a fabrique in Québec;

(3)  a security or guarantee policy, with a stipulation of solidarity and renunciation of the benefits of discussion and division, issued by a legal person authorized to give guarantees under the Bank Act (S.C. 1991, c. 46), the Act respecting trust companies and savings companies (chapter S-29.01), the Act respecting insurance (chapter A-32) or the Act respecting financial services cooperatives (chapter C-67.3);

(4)  an irrevocable letter of credit issued by a bank or a financial services cooperative.

O.C. 451-2005, s. 141; O.C. 488-2017, s. 19.

2012-09-01

141. The financial guarantee must be in one of the following forms:

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

(2)  bearer bonds issued or guaranteed by Québec, Canada or a Canadian province, the United States of America or one of its member States, the International Bank for Reconstruction and Development, a municipality or a school board in Canada or a fabrique in Québec;

(3)  a security or guarantee policy, with a stipulation of solidarity and renunciation of the benefits of discussion and division, issued by a legal person authorized to give guarantees under the Bank Act (S.C. 1991, c. 46), the Act respecting trust companies and savings companies (chapter S-29.01), the Act respecting insurance (chapter A-32) or the Act respecting financial services cooperatives (chapter C-67.3);

(4)  an irrevocable letter of credit issued by a bank or a financial services cooperative.

O.C. 451-2005, s. 141.