S-17.01 - Act respecting the Société générale des industries culturelles

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21. Where the company has authority to grant financial assistance under subparagraph d.1 of the first paragraph of section 20, it shall prepare the financial assistance plan and the programs and criteria by which the assistance is allotted. The company shall submit the plan and programs to the Minister of Culture and Communications for approval.
The company shall submit the criteria by which the assistance is allotted to the Government for approval.
1978, c. 24, s. 21; 1987, c. 71, s. 48; 1992, c. 65, s. 43; 1994, c. 14, s. 24.
21. Where the company has authority to grant financial assistance under subparagraph d.1 of the first paragraph of section 20, it shall prepare the financial assistance plan and the programs and criteria by which the assistance is allotted. The company shall submit the plan and programs to the Minister of Culture or the Minister of Communications, as the case may be, for approval.
The company shall submit the criteria by which the assistance is allotted to the Government for approval.
1978, c. 24, s. 21; 1987, c. 71, s. 48; 1992, c. 65, s. 43.
21. Where the company has authority to grant financial assistance under subparagraph d.1 of the first paragraph of section 20, it shall prepare the financial assistance plan and the programs and criteria by which the assistance is allotted. The company shall submit the plan and programs to the Minister of Cultural Affairs or the Minister of Communications, as the case may be, for approval.
The company shall submit the criteria by which the assistance is allotted to the Government for approval.
1978, c. 24, s. 21; 1987, c. 71, s. 48.
21. The company is not empowered to grant subsidies. However, it may, in the cases determined by regulation of the Government, grant loans at a lower rate of interest than the current rate.
1978, c. 24, s. 21.