Canada — Quebec Act or statute

Canada — Quebec legislation

James Bay Region Development Act, 1971

The Act was formerly titled “James Bay Region Development and Municipal Organization Act,” and its title was later amended.

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01

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“The Act was formerly titled “James Bay Region Development and Municipal Organization Act,” and its title was later amended.”

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    Enacted 1971 · Source version 10 Jun 2026. The date shown identifies this source expression and should not be treated as proof that no later change exists.

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Document

The Act was formerly titled “James Bay Region Development and Municipal Organization Act,” and its title was later amended.

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Section 14

Board meetings need a majority quorum, normally including the chief executive officer; if there is a tie, the presiding person has a casting vote.

Section 14

Section 25.2

The Government fixes the dividends payable by the Société.

Section 25.2

Schedule

Chapter D-8 of the Revised Statutes is repealed when chapter D-8.2 comes into force.

Schedule

04

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Source record from www.legisquebec.gouv.qc.ca · Enacted 1971 · Source version 10 Jun 2026

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Showing 86 of 86 provisions

Provision 50Repeal 35Amendment
§ —DocumentAmendment

The Act was formerly titled “James Bay Region Development and Municipal Organization Act,” and its title was later amended.

This Act was formerly entitled: “James Bay Region Development and Municipal Organization Act”. The title was amended by section 55 of chapter 19 of the statutes of 2013. 2001, c. 61, s. 1; 2013, c. 19, s. 55.
§ —ScheduleProvision

The James Bay region Territory is defined by specified western, southern, eastern, and northern boundaries.

Description of the Territory The Territory of the James Bay region shall comprise the territory bounded to the west by the west boundary of Québec, to the south by the parallel of latitude 49°00′ North, to the east by the electoral districts of Roberval, Dubuc and Saguenay and by the extension northerly of the west boundary of the electoral district of Saguenay and to the north by the parallel of latitude 55°00′ North. 1971, c. 34, Schedule.
§ —ScheduleRepeal

Chapter D-8 of the Revised Statutes is repealed when chapter D-8.2 comes into force.

In accordance with section 9 of the Act respecting the consolidation of the statutes and regulations (chapter R-3), chapter D-8 of the Revised Statutes, in force on 1 April 2002, is repealed effective from the coming into force of chapter D-8.2 of the Revised Statutes.

Part I

part I SOCIÉTÉ DE DÉVELOPPEMENT DE LA BAIE JAMES

§ 1Section 1Provision

A joint stock company is constituted under the name “Société de développement de la Baie James.”

1. A joint stock company is constituted under the name of “Société de développement de la Baie James”. 1971, c. 34, s. 1; 1977, c. 5, s. 14; 1999, c. 40, s. 105.
§ 2Section 2Provision

The Société must have its head office in the James Bay Territory at a place determined by the Government, and it may have offices or hold meetings anywhere in Québec.

2. The Société shall have its head office in the territory of the James Bay region described in the schedule and hereinafter called the “Territory”, at the place determined by the Government. Notice of the location of the head office shall be published in the Gazette officielle du Québec. The Société may have offices or hold meetings at any place in Québec. 1971, c. 34, s. 2; 1977, c. 5, s. 14; 1999, c. 40, s. 105; 1999, c. 69, s. 1.
§ 3Section 3Provision

The Société has the rights and privileges of a mandatary of the State.

3. The Société shall have the rights and privileges of a mandatary of the State. The property of the Société shall form part of the domain of the State but the performance of its obligations may be levied against such property. The Société binds none but itself when it acts in its own name. 1971, c. 34, s. 3; 1977, c. 5, s. 14; 1999, c. 40, s. 105.
§ 4Section 4Provision

4. The mission of the Société is to promote economic development and the development and exploitation of natural resources, other than hydro-electric resources falling within Hydro-Québec’s mandate, in the Territory with a view to

4. The mission of the Société is to promote economic development and the development and exploitation of natural resources, other than hydro-electric resources falling within Hydro-Québec’s mandate, in the Territory with a view to sustainable development. The Société may in particular generate, support and take part in the carrying out of projects in the pursuit of those objects. A further mission of the Société is to develop the Territory subject to municipal jurisdiction with respect to land use planning and development. 1971, c. 34, s. 4; 1978, c. 41, s. 16; 1999, c. 40, s. 105; 1999, c. 69, s. 2; 2001, c. 61, s. 2; 2013, c. 19, s. 56.
§ 4.1Section 4.1Provision

The Société must promote coordinated action with other intervenors in the public and private sectors when pursuing its mission.

4.1. In the pursuit of its mission, the Société shall promote coordinated action with the other intervenors both from the public and the private sectors. 1999, c. 69, s. 2.
Section 4.1Verify source
§ 4.2Section 4.2Provision

The Société may carry out mandates entrusted by the Government or its departments, bodies, or agencies if the mandate relates to its objects and the costs are borne partly or wholly by the mandator.

4.2. The Société may carry out any mandate entrusted to it by the Government or any of its departments, bodies or agencies in any field related to its objects and the costs of which are borne in whole or in part by the mandator. The Cree Nation Government may, with respect to Category II lands in the Territory, propose mandates to the Government that could be entrusted to the Société in any field related to the latter’s objects, and the Eeyou Istchee James Bay Regional Government may do the same with respect to Category III lands in the Territory. If such a mandate is given, the costs may be borne, in whole or in part, by the Cree Nation Government or the Regional Government, as the case may be. 1999, c. 69, s. 2; 2013, c. 19, s. 57.
Section 4.2Verify source
§ 4.3Section 4.3Provision

The Minister may issue directives on the Société’s objectives and general policy, but they must first be approved by the Government.

4.3. The Minister may, within the scope of the Minister’s responsibilities, issue directives concerning the Société’s objectives and general policy. The directives must first be submitted to the Government for approval. Every directive is binding on the Société and shall be tabled in the National Assembly within 15 days of being approved or, if the Assembly is not sitting, within 15 days of resumption. 1999, c. 69, s. 2.
Section 4.3Verify source
§ 4.3.1Section 4.3.1Provision

The Cree Nation Government may propose draft directives to the Minister about the Société’s objectives and general policy for Category II lands, and the Eeyou Istchee James Bay Regional Government may do the same for Category III lands in the Territory.

4.3.1. The Cree Nation Government may, with respect to Category II lands in the Territory, propose draft directives to the Minister concerning the Société’s objectives and general policy, and the Eeyou Istchee James Bay Regional Government may do the same with respect to Category III lands in the Territory. 2013, c. 19, s. 58.
Section 4.3.1Verify source
§ 5Section 5Provision

5. The Société may enter into an agreement in accordance with law with a government other than the Gouvernement du Québec, with any of its departments, with an international organization or with an agency or body of such government or

5. The Société may enter into an agreement in accordance with law with a government other than the Gouvernement du Québec, with any of its departments, with an international organization or with an agency or body of such government or organization. 1971, c. 34, s. 5; 1999, c. 40, s. 105; 1999, c. 69, s. 2.
§ 6Section 6Repeal

The Société may acquire and hold property, expropriate immovables for public works, and operate communication means, but must exercise those powers in accordance with section 7.

6. In the pursuit of its mission, the Société, in addition to its other powers, may: (a) acquire and hold, as owner or otherwise, any movable or immovable property or other real right in the Territory or elsewhere; (b) acquire for public works by expropriation, for itself or for a subsidiary, any immovable or other real right in the Territory; (c) operate any means of communication by land, air, water, and telecommunication; (d) (subparagraph repealed). The powers set out in subparagraphs a, b and c of the first paragraph shall be exercised by the Société in accordance with section 7. 1971, c. 34, s. 6; 1978, c. 41, s. 17; 1999, c. 40, s. 105; 1999, c. 69, s. 3; 2001, c. 61, s. 3.
§ 7Section 7Provision

The Société and its subsidiaries must get Government authorization before carrying out listed transactions, unless the Government sets different cases and conditions, and the rule does not apply to intra-group operations between the Société and its subsidiaries or between subsidiaries.

7. Except in the cases and on the conditions the Government may determine, the Société and each of its subsidiaries must obtain the authorization of the Government to (1) acquire, hold or transfer shares in a legal person or an interest in a partnership; (2) contract a loan that causes the total of their outstanding borrowings to exceed the amount determined by the Government; (3) grant loans or make any other financial commitment for an amount exceeding the amount determined by the Government; (4) acquire or transfer the assets of a legal person or a partnership; (5) accept a gift or legacy to which a condition or charge is attached; (6) acquire by agreement or by expropriation, alienate, transfer by way of lease or otherwise give as security an immovable or other real right; (7) construct an immovable. The Government may make its authorization subject to the conditions it determines. The cases and conditions determined under the first paragraph may concern the Société and its subsidiaries or one or more of their number. This section does not apply to operations carried out between the Société and its subsidiaries or between subsidiaries. 1971, c. 34, s. 7; 1988, c. 41, s. 91; 1999, c. 40, s. 105; 1999, c. 69, s. 4.
§ 7.1Section 7.1Provision

A legal person or partnership is a subsidiary of the Société if the Société holds more than 50% of voting rights or interests, or may elect or appoint a majority of directors.

7.1. For the purposes of this Act, a legal person or a partnership is a subsidiary of the Société if the Société holds more than 50% of the voting rights attached to all the issued and outstanding shares of the legal person or more than 50% of the interests in the partnership, or may elect or appoint a majority of the directors. 1999, c. 69, s. 4.
Section 7.1Verify source
§ 7.2Section 7.2Provision

The Société may make by-laws about exercising its powers and internal management, but the by-laws must be approved by the Government.

7.2. The Société may make by-laws concerning the exercise of its powers and its internal management. Such by-laws need not be ratified by the shareholder; however, they must be approved by the Government. The by-laws come into force on the date of their approval or on any later date determined by the Government. 1999, c. 69, s. 4.
Section 7.2Verify source
§ 7.3Section 7.3Provision

The Société appoints its personnel according to its staffing plan, and it sets pay, benefits, and other employment conditions subject to any collective agreement and the Government’s defined conditions.

7.3. The personnel members of the Société are appointed according to the staffing plan established by the Société. Subject to the provisions of a collective agreement, the Société shall determine the standards and scales of remuneration, employment benefits and other conditions of employment of its personnel members in accordance with the conditions defined by the Government. 2017, c. 7, s. 24.
Section 7.3Verify source
§ 8Section 8Provision

The Société’s affairs must be administered by a seven-member board of directors, including the chief executive officer, appointed by the Government.

8. The affairs of the Société shall be administered by a board of directors composed of seven members, including the chief executive officer, appointed by the Government, taking into account the recommendations of the Cree Nation Government with respect to the appointment of three of the members and the chief executive officer. 1971, c. 34, s. 8; 1978, c. 41, s. 18; 1999, c. 40, s. 105; 1999, c. 69, s. 5; 2013, c. 19, s. 59.
§ 9Section 9Provision

The Government must designate a chair and a vice-chair of the board of directors from among the board members other than the chief executive officer.

9. The Government shall designate a chair and a vice-chair of the board of directors from among the members of the board other than the chief executive officer. 1971, c. 34, s. 9; 1999, c. 69, s. 5.
§ 10Section 10Provision

The chief executive officer administers and directs the Société within its by-laws and policies. The chair of the board must call and preside over board meetings, ensure proper board operation, and perform other functions assigned by the board. The vice-chair must exercise the chair’s functions when the chair is absent or unable to act.

10. The chief executive officer is responsible for the administration and direction of the Société within the scope of its by-laws and policies. The chair of the board of directors shall call and preside at the meetings of the board and see to the proper operation of the board. The chair shall exercise any other functions assigned to the chair by the board. The vice-chair shall exercise the functions of the chair when the latter is absent or unable to act. 1971, c. 34, s. 10; 1987, c. 42, s. 10; 1999, c. 40, s. 105; 1999, c. 69, s. 5.
Section 10Verify source
§ 11Section 11Provision

The chief executive officer must be appointed for up to five years, and the other board members for up to three years.

11. The chief executive officer shall be appointed for a term of not more than five years, and the remaining members of the board of directors shall be appointed for a term of not more than three years. On the expiry of their term of office, the members of the board of directors shall remain in office until replaced or reappointed. 1971, c. 34, s. 11; 1987, c. 42, s. 11; 1999, c. 69, s. 5.
Section 11Verify source
§ 12Section 12Provision

A board vacancy other than the chief executive officer’s position must be filled for the remainder of the replaced member’s term.

12. Any vacant position on the board of directors, other than that of chief executive officer, shall be filled for the unexpired portion of the term of the member to be replaced. Absence from the number of board meetings determined in the internal by-laws of the Société, in the cases and circumstances specified, constitutes a vacancy. 1971, c. 34, s. 12; 1999, c. 69, s. 5.
Section 12Verify source
§ 13Section 13Provision

The Government sets the CEO’s pay and employment conditions, and board members generally get no remuneration but may be reimbursed for expenses.

13. The Government shall determine the remuneration, employment benefits and other conditions of employment of the chief executive officer of the Société. The other members of the board of directors shall receive no remuneration except in the cases, on the conditions and to the extent determined by the Government. They are, however, entitled to the reimbursement of expenses incurred in the exercise of their functions, on the conditions and to the extent determined by the Government. 1971, c. 34, s. 13; 1999, c. 40, s. 105; 1999, c. 69, s. 5.
Section 13Verify source
§ 14Section 14Provision

Board meetings need a majority quorum, normally including the chief executive officer; if there is a tie, the presiding person has a casting vote.

14. The quorum at meetings of the board is a majority of its members, including the chief executive officer of the Société, except when the chief executive officer is absent or unable to act. Decisions are made by a majority vote of the members present. In case of a tie vote, the person presiding has a casting vote. 1971, c. 34, s. 14; 1999, c. 40, s. 105; 1999, c. 69, s. 5.
Section 14Verify source
§ 15Section 15Provision

The directors of the Société may take part in a board meeting by telephone or another means that allows immediate communication, if they all agree.

15. The directors of the Société may, if they all agree, take part in a board meeting using means which allow immediate communication, such as the telephone. They are, in such a case, deemed to have attended the meeting. 1971, c. 34, s. 15; 1999, c. 40, s. 105; 1999, c. 69, s. 5.
Section 15Verify source
§ 15.1Section 15.1Provision

15.1. The members of the board of directors may waive notice of a meeting. The attendance of a member at a meeting of the board constitutes a waiver of notice, unless the member is present to contest the legality of the calling of the

15.1. The members of the board of directors may waive notice of a meeting. The attendance of a member at a meeting of the board constitutes a waiver of notice, unless the member is present to contest the legality of the calling of the meeting. 1999, c. 69, s. 5.
Section 15.1Verify source
§ 15.2Section 15.2Provision

A written resolution signed by all members entitled to vote has the same value as one adopted at a board meeting. A copy must be kept with the meeting minutes or an equivalent record book.

15.2. A written resolution, signed by all the members entitled to vote, has the same value as if adopted during a meeting of the board of directors. A copy of all such resolutions shall be kept with the minutes of the proceedings or other equivalent record book. 1999, c. 69, s. 5.
Section 15.2Verify source
§ 15.3Section 15.3Provision

A document binds the Société, or may be attributed to it, only if it is signed by specified officers or, if the Société’s internal by-laws allow it, another member of its personnel.

15.3. No document binds the Société or may be attributed to it unless it is signed by the chief executive officer, the chair or vice-chair of the board of directors or the secretary or, to the extent determined in the internal by-laws of the Société, by another member of the Société’s personnel. 1999, c. 69, s. 5.
Section 15.3Verify source
§ 15.4Section 15.4Provision

The Société’s internal by-laws may authorize certain forms of signature, including automatic, electronic, or facsimile signatures, subject to set conditions.

15.4. The internal by-laws of the Société may allow, subject to the conditions and on the documents determined therein, that a signature be affixed by means of an automatic device, that a signature be electronic, or that a facsimile of a signature be engraved, lithographed or printed. However, the facsimile shall have the same force as the signature itself only if the document is countersigned by a person referred to in section 15.3. 1999, c. 69, s. 5.
Section 15.4Verify source
§ 15.5Section 15.5Provision

15.5. The minutes of a meeting of the board of directors, approved by the board and certified by the chair of the board, the chief executive officer or the secretary, are authentic, as are documents and copies emanating from the Société or

15.5. The minutes of a meeting of the board of directors, approved by the board and certified by the chair of the board, the chief executive officer or the secretary, are authentic, as are documents and copies emanating from the Société or forming part of its records where so certified. 1999, c. 69, s. 5.
Section 15.5Verify source
§ 15.6Section 15.6Provision

An intelligible transcription of stored data is a Société document and counts as proof of its contents if certified by a person referred to in section 15.5.

15.6. An intelligible transcription of a decision or other data stored by the Société on a computer or any other computer storage medium is a document of the Société and is proof of its contents where certified by a person referred to in section 15.5. 1999, c. 69, s. 5.
Section 15.6Verify source
§ 15.7Section 15.7Provision

The Société must defend a director sued by a third party for an act done in the exercise of the director’s functions, and must pay any resulting damages unless the director committed gross fault or a separable personal fault.

15.7. The Société shall assume the defence of any director prosecuted by a third person for an act done in the exercise of the director’s functions and shall pay the damages, if any, occasioned by that act, unless the director has committed a gross fault or a personal fault separable from the exercise of the director’s functions. Notwithstanding the foregoing, in a penal or criminal proceeding, the Société shall assume the payment of the expenses of a director only if the director had reasonable grounds to believe that the director’s conduct was in conformity with the law or if the director has been discharged or acquitted. 1999, c. 69, s. 5.
Section 15.7Verify source
§ 15.8Section 15.8Provision

The Société must bear a director’s expenses if it prosecuted the director for an act done in the exercise of the director’s functions, lost the case, and the court directs it to do so.

15.8. The expenses of a director shall be borne by the Société if, having prosecuted the director for an act done in the exercise of the director’s functions, the Société loses its case and the court so directs. If the Société wins its case only in part, the court may determine the amount of the expenses to be borne by the Société. 1999, c. 69, s. 5.
Section 15.8Verify source
§ 15.9Section 15.9Provision

The Société must fulfil the obligations in sections 15.7 and 15.8 for a person who acted at its request as a director of a legal person in which the Société is a shareholder or creditor.

15.9. The Société shall fulfil the obligations provided for in sections 15.7 and 15.8 in respect of any person who acted at its request as a director for a legal person of which the Société is a shareholder or creditor. 1999, c. 69, s. 5.
Section 15.9Verify source
§ 16Section 16Repeal

Section 16 is repealed.

16. (Repealed). 1971, c. 34, s. 16; 1978, c. 41, s. 19.
Section 16Verify source
§ 17Section 17Repeal

Section 17 is repealed.

17. (Repealed). 1971, c. 34, s. 17; 1978, c. 41, s. 19.
Section 17Verify source
§ 18Section 18Repeal

Section 18 is repealed.

18. (Repealed). 1971, c. 34, s. 18; 1973, c. 21, s. 31; 1977, c. 5, s. 14; 1999, c. 40, s. 105; 1999, c. 69, s. 6.
Section 18Verify source
§ 19Section 19Repeal

Section 19 is repealed.

19. (Repealed). 1971, c. 34, s. 19; 1978, c. 41, s. 20; 1999, c. 40, s. 105; 1999, c. 69, s. 6.
Section 19Verify source
§ 20Section 20Repeal

Section 20 is repealed.

20. (Repealed). 1971, c. 34, s. 20; 1999, c. 69, s. 6.
Section 20Verify source
§ 21Section 21Repeal

Section 21 is repealed.

21. (Repealed). 1971, c. 34, s. 21; 1978, c. 41, s. 21; 1999, c. 40, s. 105; 1999, c. 69, s. 6.
Section 21Verify source
§ 22Section 22Repeal

Section 22 is repealed.

22. (Repealed). 1971, c. 34, s. 22; 1999, c. 69, s. 6.
Section 22Verify source
§ 23Section 23Repeal

Section 23 is repealed.

23. (Repealed). 1971, c. 34, s. 23; 1978, c. 41, s. 22; 1999, c. 69, s. 6.
Section 23Verify source
§ 24Section 24Provision

The Société’s authorized share capital is $100,000,000, divided into 10,000,000 shares with a par value of $10.

24. The authorized share capital of the Société shall be $100,000,000, divided into 10,000,000 shares with a par value of $10. The shares of the Société shall form part of the domain of the State and shall be allotted to the Minister of Finance. 1971, c. 34, s. 24; 1999, c. 40, s. 105; 1999, c. 69, s. 7.
Section 24Verify source
§ 25Section 25Provision

The Minister of Finance may, with Government authorization, pay $100,000,000 to the Société from the Consolidated Revenue Fund for 10,000,000 fully paid shares.

25. The Minister of Finance may, with the authorization of the Government, pay to the Société, out of the Consolidated Revenue Fund, the sum of $100,000,000 for 10,000,000 fully paid shares of its share capital for which certificates shall be issued to the Minister. The payment may be made in one or more instalments; if it is made in more than one instalment, each must be authorized by the Government. 1971, c. 34, s. 25; 1999, c. 40, s. 105; 1999, c. 69, s. 7.
Section 25Verify source
§ 25.1Section 25.1Provision

After a reduction in the Société’s share capital and an equivalent repayment of capital to the Minister of Finance, the Minister may subscribe for shares of the Société with Government authorization and subject to conditions set by the Minister.

25.1. After a reduction in the share capital of the Société and an equivalent repayment of capital to the Minister of Finance under the Act respecting the reduction of the share capital of legal persons established in the public interest and of their subsidiaries (chapter R-2.2.1), the Minister of Finance may, with the authorization of the Government and on the conditions it determines, subscribe for shares of the Société for an amount that shall not exceed the amount of the repayment. The shares shall be paid out of the Consolidated Revenue Fund. Certificates shall be issued when the shares are fully paid. 1999, c. 69, s. 7.
Section 25.1Verify source
§ 25.2Section 25.2Provision

The Government fixes the dividends payable by the Société.

25.2. The dividends payable by the Société shall be fixed by the Government. 1999, c. 69, s. 7.
Section 25.2Verify source
§ 26Section 26Provision

The Government may, on conditions it determines, guarantee loans and obligations of the Société or its subsidiaries, make commitments for initiatives they are involved in, and authorize the Minister of Finance to advance necessary amounts.

26. The Government, on such conditions as it determines, may: (a) guarantee payment in capital and interest of any loan of the Société or any of its subsidiaries, and the performance of any obligation of the Société or any of its subsidiaries; (b) make any commitment in relation to the carrying out or financing of an initiative in which the Société or any of its subsidiaries is participating; (c) authorize the Minister of Finance to advance to the Société or any of its subsidiaries any amount considered necessary for the fulfilment of their obligations or the pursuit of their mission. The sums required for the purposes of this section shall be taken out of the Consolidated Revenue Fund. 1971, c. 34, s. 26; 1977, c. 5, s. 14; 1978, c. 41, s. 23; 1999, c. 40, s. 105; 1999, c. 69, s. 8.
Section 26Verify source
§ 27Section 27Provision

The Société may exercise expropriation powers to develop the Territory before specific work is authorized.

27. The powers of expropriation of the Société may be exercised for the development of the Territory before specific work is authorized. 1971, c. 34, s. 27; 1999, c. 40, s. 105.
Section 27Verify source
§ 28Section 28Provision

The Act allows expropriation powers to be used for immovables devoted to public use, including ones otherwise not subject to expropriation, but Government authorization is required in those cases.

28. The powers of expropriation conferred by this Act may be exercised with respect to any immovable devoted to public use and even not subject to expropriation under any general law or special Act but, in such cases, only with the authorization of the Government. 1971, c. 34, s. 28.
Section 28Verify source
§ 29Section 29Provision

Before any expropriation, the Société must consult the relevant regional Indigenous government in specified territory categories.

29. The expropriation authorized by this Act shall be effected in the manner provided for in the Act respecting expropriation (chapter E-25). However, the Société must, before any expropriation, consult the Cree Nation Government if the immovable concerned is located on Category II lands in the Territory, or the Eeyou Istchee James Bay Regional Government if the immovable concerned is located on Category III lands in the Territory. 1971, c. 34, s. 29 (part); 1973, c. 38, s. 146; 2013, c. 19, s. 60; 2023, c. 27, s. 240.
Section 29Verify source
§ 30Section 30Provision

The Government may transfer certain state property to the Société, subject to conditions it sets.

30. The Government may transfer to the Société, on such conditions as it determines, any immovable or other property forming part of the domain of the State required for the purposes of the Société. 1971, c. 34, s. 30; 1978, c. 41, s. 24; 1999, c. 40, s. 105; 1999, c. 69, s. 9.
Section 30Verify source
§ 31Section 31Repeal

Section 31 is repealed.

31. (Repealed). 1971, c. 34, s. 31; 1978, c. 41, s. 25; 1999, c. 40, s. 105; 1999, c. 69, s. 10.
Section 31Verify source
§ 32Section 32Provision

The Société must establish a development plan covering its subsidiaries’ operations and submit it to the Government for approval.

32. The Société shall establish, in the form, at the intervals and according to the other terms and conditions determined by the Government, a development plan that includes the operations of its subsidiaries. The plan must be submitted to the Government for approval. 1971, c. 34, s. 32; 1999, c. 40, s. 105; 1999, c. 69, s. 12.
Section 32Verify source
§ 32.1Section 32.1Provision

The Société’s fiscal year must end on 31 December.

32.1. The fiscal year of the Société shall end on 31 December. 1999, c. 69, s. 12.
Section 32.1Verify source
§ 32.2Section 32.2Provision

The Société’s books and accounts must be audited each year, and also whenever the Government orders it. The auditor’s report must accompany the Société’s report of operations and financial statements.

32.2. The books and accounts of the Société shall be audited by the Auditor General each year and whenever so ordered by the Government. The auditor’s report must accompany the Société’s report of operations and financial statements. 1999, c. 69, s. 12.
Section 32.2Verify source
§ 33Section 33Provision

The Société must file annual financial statements and an operations report with the Minister by 30 April each year.

33. The Société shall, not later than 30 April each year, file with the Minister its financial statements and a report of its operations for the preceding fiscal year. The financial statements and report of operations must contain all the information required by the Minister. 1971, c. 34, s. 33; 1999, c. 40, s. 105; 1999, c. 69, s. 13.
Section 33Verify source
§ 33.1Section 33.1Provision

The Minister must table the Société’s financial statements and report of operations in the National Assembly within 30 days of receiving them, or within 30 days after the Assembly resumes if it is not sitting.

33.1. The Minister shall table the financial statements and report of operations of the Société in the National Assembly within 30 days of receiving them or, if the Assembly is not sitting, within 30 days of resumption. 1999, c. 69, s. 13.
Section 33.1Verify source
§ 33.2Section 33.2Provision

The Société must provide the Minister with any information the Minister requires about the Société’s operations and its subsidiaries.

33.2. The Société shall communicate to the Minister any information required by the Minister concerning its operations and the operations of its subsidiaries. 1999, c. 69, s. 13.
Section 33.2Verify source

Part II

part II

§ 34Section 34Repeal

Section 34 is repealed.

34. (Repealed). 1971, c. 34, s. 34; 1996, c. 2, s. 636; 2001, c. 61, s. 4; 2013, c. 19, s. 61.
Section 34Verify source
§ 35Section 35Repeal

Section 35 is repealed.

35. (Repealed). 1971, c. 34, s. 35; 1996, c. 2, s. 637; 2001, c. 61, s. 5; 2002, c. 37, s. 145; 2005, c. 6, s. 221; 2013, c. 19, s. 61.
Section 35Verify source
§ 35.1Section 35.1Repeal

Section 35.1 is repealed.

35.1. (Repealed). 2003, c. 19, s. 185; 2013, c. 19, s. 61.
Section 35.1Verify source
§ 36Section 36Repeal

Section 36 is repealed.

36. (Repealed). 1971, c. 34, s. 36; 1999, c. 40, s. 105; 2001, c. 61, s. 6; 2013, c. 19, s. 61.
Section 36Verify source
§ 37Section 37Repeal

Section 37 is repealed.

37. (Repealed). 1971, c. 34, s. 37; 1983, c. 57, s. 107; 1996, c. 2, s. 638; 2001, c. 61, s. 6; 2013, c. 19, s. 61.
Section 37Verify source
§ 38Section 38Repeal

Section 38 is repealed.

38. (Repealed). 1971, c. 34, s. 38; 1996, c. 2, s. 639; 2001, c. 61, s. 6; 2005, c. 28, s. 63; 2013, c. 19, s. 61.
Section 38Verify source
§ 38.1Section 38.1Repeal

Section 38.1 is repealed.

38.1. (Repealed). 2001, c. 61, s. 6; 2005, c. 28, s. 64; 2013, c. 19, s. 61.
Section 38.1Verify source
§ 38.2Section 38.2Repeal

Section 38.2 is repealed.

38.2. (Repealed). 2001, c. 61, s. 6; 2013, c. 19, s. 61.
Section 38.2Verify source
§ 38.3Section 38.3Repeal

Section 38.3 is repealed.

38.3. (Repealed). 2001, c. 61, s. 6; 2013, c. 19, s. 61.
Section 38.3Verify source
§ 38.4Section 38.4Repeal

Section 38.4 is repealed.

38.4. (Repealed). 2001, c. 61, s. 6; 2013, c. 19, s. 61.
Section 38.4Verify source
§ 38.5Section 38.5Repeal

Section 38.5 is repealed.

38.5. (Repealed). 2001, c. 61, s. 6; 2013, c. 19, s. 61.
Section 38.5Verify source
§ 38.6Section 38.6Repeal

Section 38.6 is repealed.

38.6. (Repealed). 2001, c. 61, s. 6; 2013, c. 19, s. 61.
Section 38.6Verify source
§ 39Section 39Repeal

Section 39 is repealed.

39. (Repealed). 1971, c. 34, s. 39; 2001, c. 61, s. 7; 2013, c. 19, s. 61.
Section 39Verify source
§ 39.1Section 39.1Repeal

Section 39.1 is repealed.

39.1. (Repealed). 1982, c. 2, s. 41; 1996, c. 2, s. 640; 1999, c. 40, s. 105; 2001, c. 61, s. 8; 2013, c. 19, s. 61.
Section 39.1Verify source
§ 39.2Section 39.2Repeal

Section 39.2 is repealed.

39.2. (Repealed). 2001, c. 61, s. 9; 2013, c. 19, s. 61.
Section 39.2Verify source
§ 39.3Section 39.3Repeal

Section 39.3 is repealed.

39.3. (Repealed). 2001, c. 61, s. 9; 2002, c. 68, s. 32; 2013, c. 19, s. 61.
Section 39.3Verify source
§ 39.4Section 39.4Repeal

Section 39.4 is repealed.

39.4. (Repealed). 2001, c. 61, s. 9; 2013, c. 19, s. 61.
Section 39.4Verify source
§ 39.5Section 39.5Repeal

39.5. (Repealed). 2001, c. 61, s. 9; 2013, c. 19, s. 61.

39.5. (Repealed). 2001, c. 61, s. 9; 2013, c. 19, s. 61.
Section 39.5Verify source
§ 40Section 40Repeal

Section 40 is repealed.

40. (Repealed). 1971, c. 34, s. 40; 1996, c. 2, s. 641; 1999, c. 40, s. 105; 2001, c. 61, s. 10; 2013, c. 19, s. 61.
Section 40Verify source
§ 40.1Section 40.1Repeal

Section 40.1 is repealed.

40.1. (Repealed). 2004, c. 20, s. 133; 2013, c. 19, s. 61.
Section 40.1Verify source
§ 40.2Section 40.2Repeal

Section 40.2 is repealed.

40.2. (Repealed). 2004, c. 20, s. 133; 2013, c. 19, s. 61.
Section 40.2Verify source
§ 40.3Section 40.3Repeal

Section 40.3 is repealed.

40.3. (Repealed). 2005, c. 28, s. 65; 2005, c. 50, s. 47; 2006, c. 31, s. 54.
Section 40.3Verify source

Part III

part III MISCELLANEOUS

§ 41Section 41Repeal

Section 41 is repealed.

41. (Repealed). 1971, c. 34, s. 41; 1978, c. 41, s. 26; 1999, c. 40, s. 105; 1999, c. 44, s. 1.
Section 41Verify source
§ 42Section 42Repeal

Section 42 is repealed.

42. (Repealed). 1971, c. 34, s. 42; 1972, c. 49, s. 128; 1972, c. 55, s. 165; 1988, c. 23, s. 85; 1988, c. 8, s. 84; 1997, c. 83, s. 44; 1999, c. 69, s. 14.
Section 42Verify source
§ 43Section 43Provision

This Act does not affect the rights of Indian communities living in the Territory.

43. This Act shall in no way affect rights of Indian communities living in the Territory. 1971, c. 34, s. 43.
Section 43Verify source
§ 43.1Section 43.1Provision

Sections 159 to 162 and 188 of the Companies Act do not apply to the Société.

43.1. Sections 159 to 162 and 188 of the Companies Act (chapter C‐38) do not apply to the Société. 1999, c. 69, s. 15; 2020, c. 5, s. 156.
Section 43.1Verify source
§ 44Section 44Provision

The Prime Minister, or another Minister designated by him, is responsible for applying this Act; the Minister of Natural Resources and Forests is also charged with applying it.

44. The Prime Minister or any other Minister designated by him shall have charge of the application of this Act. 1971, c. 34, s. 44. The Minister of Natural Resources and Forests is charged with the application of this Act. Order of the Premier dated 20 October 2022, (2022) 154 G.O. 2 (French), 6549.
Section 44Verify source
§ 45Section 45Provision

Section 45 states that it ceased to have effect on 17 April 1987.

45. (This section ceased to have effect on 17 April 1987). 1982, c. 21, s. 1; U. K., 1982, c. 11, Sch. B, Part I, s. 33.
Section 45Verify source

Legislative relationships

5 referenced instruments

Names are derived from the stored provision headings and citation-enrichment layer. Treat this as a research index and verify each relationship against the source text.

A–F

1 instrument

  • Companies Act

    Section 43.1

G–M

1 instrument

  • Indian communities living in the Territory. 43. This Act

    Section 43

N–S

3 instruments

  • Natural Resources and Forests is charged with the application of this Act

    Section 44
  • Revised Statutes is repealed when chapter D-8.2 comes into force. In accordance with section 9 of the Act

    Section Schedule
  • Société and an equivalent repayment of capital to the Minister of Finance under the Act

    Section 25.1

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  • 10 Jun 2026 · currentEnglish

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