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S-5, r. 3 - Regulation respecting the financial management of institutions and regional councils

Section 15
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15. Detailed statement: An application for authorization must be accompanied by a detailed statement of the source of the assets involved appearing in the financial statements at the end of the most recent fiscal year as well as any other assets that may since have been added.
The statement must include a brief description of the gift, legacy or other contribution received and be accompanied by a copy or extract of the document establishing the original intention of the donor or testator and an exact reference to the notarial minutes and registration in the case of notarial deeds or deeds affecting immovable property.
The institution shall also attach a statement of the continuity of the assets up to the date of its application for authorization.
O.C. 1127-84, s. 15.
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