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

Section 53.1 Disposition versions

1983-12-21

53.1. The company shall, between 30 June 1982 and 28 February 1987, acquire upon request any shares

(1)  which, from the continuance, form part of funds invested in a registered retirement savings plan or a registered retirement income fund, if the beneficiary has reached 65 years of age;

(2)  which, from the continuance, form part of funds invested in a registered home ownership savings plan, if the beneficiary has acquired either an owner-occupied home within the meaning of the Taxation Act (chapter I-3), or, between 19 April 1983 and 1 March 1984, furnishings prescribed within the meaning of the regulations made pursuant to section 955 of the said Act;

(3)  which are derived from the conversion of shares of a caisse d’entraide économique that were invested between 1 June 1981 and 31 December 1981 in a registered home ownership savings plan, if the beneficiary of the plan has acquired an owner-occupied home within the meaning of the Taxation Act before 31 December 1983, or, between 19 April 1983 and 1 March 1984, furnishings prescribed within the meaning of the regulations made under section 955 of the said Act.

The company shall also acquire upon request between 30 June 1982 and 28 February 1987 any shares acquired upon the continuance by a person who is physically or mentally disabled within the meaning of the regulations.

1982, c. 15, s. 113; 1983, c. 44, s. 59.

1982-04-08

53.1. The company shall, between 30 June 1982 and 28 February 1987, acquire upon request any shares

(1)  which, from the continuance, form part of funds invested in a registered retirement savings plan or a registered retirement income fund, if the beneficiary has reached 65 years of age;

(2)  which, from the continuance, form part of funds invested in a registered home ownership savings plan, if the beneficiary has acquired a principal residence.

(3)  which are derived from the conversion of shares of a caisse d’entraide économique that were invested between 1 June 1981 and 31 December 1981 in a registered home ownership savings plan, if the beneficiary of the plan has acquired a principal residence before 31 December 1983.

The company shall also acquire upon request between 30 June 1982 and 28 February 1987 any shares acquired upon the continuance by a person who is physically or mentally disabled within the meaning of the regulations.

1982, c. 15, s. 113.