Canada — Quebec Act or statute

Canada — Quebec legislation

University Investments Act

This section defines “university establishment,” “investment,” and “Minister.”

budgetary ruleseducationhigher educationinvestmentinvestment rulesministerial authorizationreportingstudent housingsubsidiesuniversity funding

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“This section defines “university establishment,” “investment,” and “Minister.””

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Section 1

This section defines “university establishment,” “investment,” and “Minister.”

Section 1

Schedule

In accordance with section 17 of the Act respecting the consolidation of the statutes (chapter R-3), chapter 65 of the statutes of 1968, in force on 31 December 1977, is repealed, except sections 9 to 11, effective from the coming into

Schedule

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

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Showing 15 of 15 provisions

Repeal 10Provision 5
§ 1Section 1Repeal

This section defines “university establishment,” “investment,” and “Minister.”

1. In this Act, the following expressions and words mean: (a) “university establishment”: (1) any of the educational institutions at the university level contemplated in paragraphs 1 to 11 of section 1 of the Act respecting educational institutions at the university level (chapter E-14.1); (2) (subparagraph repealed); (3) (subparagraph repealed); (4) any legal person whose object is to build and administer residences for students at the university level; (b) “investment”: any capital expenditure or expenditure for equipment, including the purchase price of furniture, fittings and tools or a library collection; (c) “Minister”: the Minister of Higher Education, Research, Science and Technology. 1968, c. 65, s. 1; 1985, c. 21, s. 96; 1988, c. 41, s. 88; 1989, c. 18, s. 7; 1993, c. 51, s. 72; 1994, c. 16, s. 50; 1999, c. 40, s. 162; 2005, c. 28, s. 195; 2013, c. 28, s. 201.
§ 1.1Section 1.1Provision

Each year, the Minister must consult certain university establishments and submit budgetary rules to the Conseil du trésor for approval.

1.1. Each year, after consulting with the university establishments referred to in subparagraph 1 of paragraph a of section 1, the Minister establishes and submits to the Conseil du trésor for approval budgetary rules for the determination of the amount of investment expenditures that is eligible for the subsidies to be allocated to university establishments. 2023, c. 30, s. 83.
Section 1.1Verify source
§ 1.2Section 1.2Provision

The budgetary rules may allow subsidy allocations to follow general or specific standards, to be subject to general or special conditions, or to require the Minister’s authorization.

1.2. The budgetary rules may provide that the allocation of a subsidy (a) may be made on the basis of general or specific standards; (b) may be subject to general conditions, determined by the rules or the Minister, applicable to all university establishments or to special conditions, determined by the rules or the Minister, applicable only to one or certain university establishments; or (c) may be subject to the authorization of the Minister or be made only to one or certain university establishments. 2023, c. 30, s. 83.
Section 1.2Verify source
§ 2Section 2Repeal

Section 2 is repealed.

2. (Repealed). 1968, c. 65, s. 2; 1993, c. 26, s. 41; 2023, c. 30, s. 84.
§ 3Section 3Repeal

Section 3 is repealed.

3. (Repealed). 1968, c. 65, s. 3; 2023, c. 30, s. 84.
§ 4Section 4Repeal

Section 4 is repealed.

4. (Repealed). 1968, c. 65, s. 4; 1968, c. 9, s. 90; 1986, c. 75, s. 1; 2023, c. 30, s. 84.
§ 5Section 5Repeal

Section 5 is repealed.

5. (Repealed). 1968, c. 65, s. 5; 1982, c. 58, s. 41; 2023, c. 30, s. 84.
§ 6Section 6Repeal

Section 6 is repealed.

6. (Repealed). 1968, c. 65, s. 6; 1982, c. 58, s. 42; 2023, c. 30, s. 84.
§ 6.1Section 6.1Repeal

Section 6.1 is repealed.

6.1. (Repealed). 1982, c. 58, s. 43; 1985, c. 21, s. 96; 1986, c. 75, s. 2; 1988, c. 41, s. 88; 1990, c. 66, s. 10; 1993, c. 51, s. 72; 1994, c. 16, s. 50; 2005, c. 28, s. 195; 2013, c. 28, s. 201; 2016, c. 7, s. 183; 2023, c. 30, s. 84.
Section 6.1Verify source
§ 6.2Section 6.2Provision

The Minister may assign management of certain loan-repayment sums to the Minister of Finance to create a sinking fund, and the fund’s income must be used to repay specified university loans.

6.2. The Minister may entrust to the Minister of Finance the management of sums intended for the repayment of the principal of a loan in respect of which a subsidy has been granted, in order to constitute a sinking fund for the purpose of repaying, out of such sums, the principal of the loan, on the maturity dates under the terms of the loan. The income of the sinking fund shall be used for the repayment of any duly authorized loan of any university establishment, or allocated for the repayment of any loan for which a sinking fund is constituted, in replacement of the sums that would otherwise be deposited under the first paragraph. 1990, c. 66, s. 11; 2016, c. 7, s. 183; 2023, c. 30, s. 85.
Section 6.2Verify source
§ 6.3Section 6.3Provision

The Minister may make regulations about certain university establishments’ investments. Those rules may require information or documents to be sent to the Minister, and may set when ministerial authorization is needed and any related conditions.

6.3. The Minister may, by regulation, establish rules relating to the investments of the university establishments referred to in subparagraph 1 of paragraph a of section 1 for which no subsidies are allocated under Division I. The rules may prescribe the information or documents that must be forwarded to the Minister by those establishments regarding their investments. The rules may also prescribe the cases in which an authorization from the Minister is required and, if applicable, the conditions relating to the issuance of such an authorization. 2023, c. 30, s. 86.
Section 6.3Verify source
§ 7Section 7Repeal

Section 7 is repealed.

7. (Repealed). 1968, c. 65, s. 7; 2023, c. 30, s. 87.
§ 8Section 8Repeal

Section 8 is repealed.

8. (Repealed). 1968, c. 65, s. 8; 2023, c. 30, s. 87.
§ 9Section 9Provision

Section 9 ceased to have effect on 17 April 1987.

9. (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.
§ —ScheduleRepeal

In accordance with section 17 of the Act respecting the consolidation of the statutes (chapter R-3), chapter 65 of the statutes of 1968, in force on 31 December 1977, is repealed, except sections 9 to 11, effective from the coming into

In accordance with section 17 of the Act respecting the consolidation of the statutes (chapter R-3), chapter 65 of the statutes of 1968, in force on 31 December 1977, is repealed, except sections 9 to 11, effective from the coming into force of chapter I-17 of the Revised Statutes.

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  • 10 Jun 2026 · currentEnglish

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