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S-25.1 - Act respecting the sociétés d’entraide économique

Section 115
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115. The Government may, by regulation, determine classes of landed property and establish for all, one or several of them,
(1)  the total amount or proportion of its assets that a company may invest therein;
(2)  the conditions and restrictions to which such investments are subject.
The Government may also, by regulation, prescribe a time limit within which a company whose investments in landed property are not in conformity with the regulation on its coming into force must comply therewith.
1981, c. 31, s. 115; 1999, c. 40, s. 302.
115. The Government may, by regulation, determine classes of real estate and establish for all, one or several of them,
(1)  the total amount or proportion of its assets that a company may invest therein;
(2)  the conditions and restrictions to which such investments are subject.
The Government may also, by regulation, prescribe a time limit within which a company whose investments in real estate are not in conformity with the regulation on its coming into force must comply therewith.
1981, c. 31, s. 115.
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