F-3.1.2 - Act to establish Fondaction, le Fonds de développement de la Confédération des syndicats nationaux pour la coopération et l’emploi

Section 19.2 Disposition versions

2017-02-08

19.2. The approval by the Minister of Finance of an investment policy referred to in the first paragraph of section 19.1 is valid for a maximum period of five fiscal years beginning on the first day of the fiscal year in which the investment policy became applicable.

However, if the Minister of Finance finds that such a policy approved by the Minister of Finance in respect of the Fund is not complied with, the Minister of Finance may withdraw approval by sending a written notice to the Fund informing it of the withdrawal as of the date specified in the notice.

2005, c. 38, s. 31; 2006, c. 36, s. 14; 2017, c. 1, s. 47.

2006-12-06

19.2. The approval by the Minister of Finance of an investment policy referred to in the first paragraph of section 19.1 is valid for a maximum period of five years after the day on which the approval was given.

However, if the Minister of Finance finds that such a policy approved by the Minister of Finance in respect of the Fund is not complied with, the Minister of Finance may withdraw approval by sending a written notice to the Fund informing it of the withdrawal as of the date specified in the notice.

2005, c. 38, s. 31; 2006, c. 36, s. 14.

2005-12-13

19.2. The approval by the Minister of Finance of an investment policy referred to in subparagraph 7 of the fifth paragraph of section 19 or in the first paragraph of section 19.1 is valid for a maximum period of five years after the day on which the approval was given.

However, if the Minister of Finance finds that such a policy approved by the Minister of Finance in respect of the Fund is not complied with, the Minister of Finance may withdraw approval by sending a written notice to the Fund informing it of the withdrawal as of the date specified in the notice.

2005, c. 38, s. 31.