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S.M. 1997, c. 39: Table of Contents

S.M. 1997, c. 39

THE LABOUR-SPONSORED VENTURE CAPITAL CORPORATIONS ACT


Section Table of Contents Fran├žais
PART 1
INTERPRETATION
1(1) Definitions
(2) Interpretation of "related"
PART 2
REGISTRATION
2(1) Register of labour-sponsored venture capital corporations
(2) Inspection of register
3(1) Application for registration
(2) Form of application
(3) Additional materials to accompany application
(4) Officer's or director's certificate
4 Conditions for registration
5(1) Suspension or revocation of registration
(2) Notice of suspension
(3) Removal of suspension
(4) Notice of intent to revoke
(5) Notice of objection
(6) Publication of notice of revocation
PART 3
INVESTMENTS
6 Investment policies and criteria
7(1) Investment advisory committee
(2) Composition of investment advisory committee
(3) Conflict of interest
(4) Committee to advise board
(5) Board to consider committee's advice
8 Investment restrictions
9(1) Liquid reserves
(2) Assets of liquid reserves
10(1) Notice of intent to declare investment ineligible
(2) Objection
(3) Action of minister
PART 4
ADMINISTRATION
11 Prohibition against reduction of stated capital, dissolution
12(1) Valuation of shares
(2) Audited financial statements
(3) Request for additional information
(4) Return of additional information
(5) Extension of time
13(1) Books and records
(2) Location and time for retention of records
14(1) "Authorized person" defined
(2) Demand for production of records
(3) Audits and inspections
(4) Authorized entry
(5) No entry into residence without warrant
(6) Application for warrant
15(1) Minister's decision final
(2) Determination of issue by court
16(1) Offences and penalties
(2) Liability of officer, director, etc.
17 Limitation on prosecution
18(1) L.G. in C. may make regulations
(2) Minister may make regulations
19 C.C.S.M. reference
20 Coming into force