S-29.1 - Act respecting Québec business investment companies

Section 12.1 Disposition versions

2011-04-01

12.1. For the purposes of section 12, where, in the opinion of the body designated under section 1, the investment is made in a fledgling legal person, the condition provided

(1)  in subparagraph 4 of the third paragraph of the said section must be met by the legal person only during the 12 months following the acquisition of a qualified investment;

(2)  in subparagraph 5 of the third paragraph of the said section must be met within four months after the date of acquisition of the qualified investment.

1987, c. 106, s. 4; 1988, c. 80, s. 9; 1989, c. 72, s. 9; 1998, c. 17, s. 64; 1999, c. 40, s. 305; 1999, c. 83, s. 300; 2000, c. 39, s. 279; 2001, c. 51, s. 255; 2010, c. 37, s. 130.

2001-12-20

12.1. For the purposes of section 12, where, in the opinion of Investissement Québec, the investment is made in a fledgling legal person, the condition provided

(1)  in subparagraph 4 of the third paragraph of the said section must be met by the legal person only during the 12 months following the acquisition of a qualified investment;

(2)  in subparagraph 5 of the third paragraph of the said section must be met within four months after the date of acquisition of the qualified investment.

1987, c. 106, s. 4; 1988, c. 80, s. 9; 1989, c. 72, s. 9; 1998, c. 17, s. 64; 1999, c. 40, s. 305; 1999, c. 83, s. 300; 2000, c. 39, s. 279; 2001, c. 51, s. 255.

2000-11-15

12.1. For the purposes of section 12, where, in the opinion of the Société de développement industriel du Québec, the investment is made in a fledgling legal person, the condition provided

(1)  in subparagraph 4 of the third paragraph of the said section must be met by the legal person only during the 12 months following the acquisition of a qualified investment;

(2)  in subparagraph 5 of the third paragraph of the said section must be met within four months after the date of acquisition of the qualified investment.

1987, c. 106, s. 4; 1988, c. 80, s. 9; 1989, c. 72, s. 9; 1998, c. 17, s. 64; 1999, c. 40, s. 305; 1999, c. 83, s. 300; 2000, c. 39, s. 279.

1999-12-20

12.1. For the purposes of section 12, where, in the opinion of the Société de développement industriel du Québec, the investment is made in a fledgling legal person, the condition provided

(1)  in subparagraph 4 of the third paragraph of the said section must be met by the legal person only during the 24 months following the acquisition of a qualified investment;

(2)  in subparagraph 5 of the third paragraph of the said section must be met within four months after the date of acquisition of the qualified investment.

1987, c. 106, s. 4; 1988, c. 80, s. 9; 1989, c. 72, s. 9; 1998, c. 17, s. 64; 1999, c. 40, s. 305; 1999, c. 83, s. 300.

1999-10-22

12.1. For the purposes of section 12, where, in the opinion of Investissement-Québec, the investment is made in a fledgling legal person, the condition provided

(1)  in subparagraph 4 of the third paragraph of the said section and the condition provided in paragraph 2 of section 12.3 must be met by the legal person only during the 24 months following the acquisition of a qualified investment;

(2)  in subparagraph 5 of the third paragraph of the said section must be met within four months after the date of acquisition of the qualified investment.

1987, c. 106, s. 4; 1988, c. 80, s. 9; 1989, c. 72, s. 9; 1998, c. 17, s. 64; 1999, c. 40, s. 305.

1998-08-21

12.1. For the purposes of section 12, where, in the opinion of Investissement-Québec, the investment is made in a fledgling corporation, the condition provided

(1)  in subparagraph 4 of the third paragraph of the said section and the condition provided in paragraph 2 of section 12.3 must be met by the corporation only during the 24 months following the acquisition of a qualified investment;

(2)  in subparagraph 5 of the third paragraph of the said section must be met within four months after the date of acquisition of the qualified investment.

1987, c. 106, s. 4; 1988, c. 80, s. 9; 1989, c. 72, s. 9; 1998, c. 17, s. 64.

1989-12-20

12.1. For the purposes of section 12, where, in the opinion of the Société de développement industriel du Québec, the investment is made in a fledgling corporation, the condition provided

(1)  in subparagraph 4 of the third paragraph of the said section and the condition provided in paragraph 2 of section 12.3 must be met by the corporation only during the 24 months following the acquisition of a qualified investment;

(2)  in subparagraph 5 of the third paragraph of the said section must be met within four months after the date of acquisition of the qualified investment.

1987, c. 106, s. 4; 1988, c. 80, s. 9; 1989, c. 72, s. 9.

1988-12-23

12.1. For the purposes of section 12, where, in the opinion of the Société de développement industriel du Québec, the investment is made in a fledgling corporation, the condition provided

(1)  in subparagraph 4 of the third paragraph of the said section and the condition provided in subparagraph 2 of the fourth paragraph of the said section must be met by the corporation only during the two years following the acquisition of a qualified investment;

(2)  in subparagraph 5 of the third paragraph of the said section must be met within four months after the date of acquisition of the qualified investment.

1987, c. 106, s. 4; 1988, c. 80, s. 9.

1987-12-18

12.1. For the purposes of section 12, where, in the opinion of the Société de développement industriel du Québec, the investment is made in a fledgling corporation, the condition provided

(1)  in subparagraph 4 of the third paragraph of the said section must be met only during the two years following the acquisition of a qualified investment in that corporation;

(2)  in subparagraph 5 of the third paragraph of the said section must be met within four months after the date of acquisition of the qualified investment.

1987, c. 106, s. 4.