O-5.2 - Act to establish the Office Québec-Monde pour la jeunesse

Section 29 Disposition versions

2009-05-26

29. The agency may not, without the authorization of the Government,

(1)  contract a loan that causes the total of its current outstanding loans to exceed the amount determined by the Government;

(2)  make a financial commitment in excess of the limits or in contravention of the terms and conditions determined by the Government;

(3)  acquire or hold shares in a legal person or an interest in a partnership in excess of the limits or in contravention of the terms and conditions determined by the Government;

(4)  dispose of shares in a legal person or an interest in a partnership in excess of the limits or in contravention of the terms and conditions determined by the Government;

(5)  acquire or dispose of other assets in excess of the limits or in contravention of the terms and conditions determined by the Government; or

(6)  accept a gift or legacy to which a charge or condition is attached.

2009, c. 7, s. 29.