N-3, r. 8.1 - Regulation respecting the compensation fund of the Chambre des notaires du Québec

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5. The Order shall invest the sums making up the fund as follows:
(1)  the portion of the sums which the Order intends to use on the short-term basis shall be deposited in a financial institution governed by the Trust Companies and Savings Companies Act (chapter S-29.02), the Bank Act (S.C. 1991, c. 46), the Act respecting financial services cooperatives (chapter C-67.3), or the Trust and Loan Companies Act (S.C. 1991, c. 45);
(2)  the other portion shall be entrusted to an investment manager for investment in short term securities, fixed interest securities, Canadian or foreign shares, in accordance with the investment policy adopted by the board of directors.
O.C. 59-2012, s. 5; 171-2020O.C. 171-2020, s. 5.
5. (See French Edition).
O.C. 59-2012, s. 5.
5. The moneys making up the fund shall be invested by the executive committee as follows:
(1)  the moneys the executive committee expects to use in the short term shall be deposited in a financial institution governed by the Act respecting trust companies and savings companies (chapter S-29.01), the Bank Act (S.C. 1991, c. 46), the Act respecting financial services cooperatives (chapter C-67.3), or the Trust and Loan Companies Act (S.C. 1991, c. 45);
(2)  the other moneys shall be entrusted to an investment manager for investment in short term securities, fixed interest securities, Canadian or foreign shares, in accordance with the investment policy adopted by the board of directors.
O.C. 59-2012, s. 5.