S-12.01 - Act respecting the Société de télédiffusion du Québec

Article 20 Versions de la disposition

1999-04-01

20. The Société must, except in such cases and on such conditions as the Government may determine by regulation, obtain the authorization of the Government in order to

1°  acquire or alienate stocks, shares or assets of a legal person;

2°  contract a loan that increases the aggregate of its outstanding loans to an amount greater than a determined amount; or

3°  make any other financial commitment for a sum in excess of the amount determined by regulation of the Government.

The Government may subject its authorization to the conditions it determines.

1996, c. 20, s. 20.