A-6.001 - Financial Administration Act

Full text
8.1. The Minister may deposit money from the Consolidated Revenue Fund with the Caisse de dépôt et placement du Québec, up to the amount recorded in the financial statements of the Government as an obligation relating to accumulated sick leave, in order to establish an accumulated sick leave fund to provide for the payment of some or all of the benefits due to employees for unused sick leave. Any benefit payment affecting the liability resulting from that obligation may be reimbursed to the Consolidated Revenue Fund out of the accumulated sick leave fund.
The Caisse de dépôt et placement du Québec shall administer money deposited under the first paragraph in accordance with the investment policy determined by the Minister.
2008, c. 12, s. 1.