R-0.1 - Act respecting the Raffinerie de sucre du Québec

Full text
18. (Repealed).
1982, c. 28, s. 18; 1986, c. 60, s. 11.
18. Within sixty days following 23 June 1982, the Company shall issue to the Minister of Finance share certificates representing
(1)  20 000 fully paid-up shares of its capital stock in payment of advances of $2 000 000 that the Minister has made to it under section 12 of the Act respecting the establishment of a beet-sugar factory at Saint-Hilaire (chapter E-13); and
(2)  110 000 fully paid-up shares of its capital stock out of the undistributed profits of the Company on 31 March 1982, as a consideration for property transferred to it by the Ministère de l’Agriculture, des Pêcheries et de l’Alimentation.
1982, c. 28, s. 18.