S-22.1 - Act respecting the Société québécoise des transports

Section 22 Disposition versions

1983-07-05

22. In no case may the corporation, without the authorization of the Government, subject to the exceptions and conditions provided by government regulation,

(1)  exercise the powers contemplated in paragraphs 2, 3 and 4 of section 21;

(2)  contract any loan that increases its total outstanding borrowings to over $1 000 000.

Any government regulation provided for in this section comes into force on the tenth day after its publication in the Gazette officielle du Québec or on any later date fixed therein.

1983, c. 27, s. 22.