Act respecting the raffinerie de sucre du Québec (R.S.Q., c. R-0.1)

An Act respecting the Raffinerie de sucre du Québec file:///D/HTML/que53011.htm[16.01.2025 09:57:59] © Éditeur officiel du Québec Updated to 1 October 2010 This document has official status. R.S.Q., chapter R-0.1 An Act respecting the Raffinerie de sucre du Québec CHAPTER I STATUS AND OBJECTS OF THE COMPANY 1. The legal person, hereinafter called “the Company”, that was established under the name of “Raffinerie de sucre de Québec” by the issue of letters patent dated 7 July 1943 under the Act respecting the establishment of a beet sugar factory at Saint-Hilaire (chapter E-13), continues to exist under the name of “Raffinerie de sucre du Québec” and is governed by this Act. 1982, c. 28, s. 1; 1999, c. 40, s. 240. 2. The Company has its head office in the judicial district of Saint-Hyacinthe. 1982, c. 28, s. 2; 1986, c. 60, s. 4. 3. (Repealed). 1982, c. 28, s. 3; 1986, c. 60, s. 5. 4. The objects of the Company are to (1) produce, refine, condition and market beet or other sugar and the derivatives, substitutes and by-products of sugar; (2) carry out any expedient industrial, agricultural, commercial or research activity in the pursuit of the objects listed in paragraph 1. For the purposes of its objects, the Company may, according to law, associate or enter into agreements with any person or partnership. In carrying out its objects, the Company must aim to be profitable. 1982, c. 28, s. 4. CHAPTER II ADMINISTRATION 5. The affairs of the Company are administered by a board of directors of three to five members including a chairman and vice-chairman. The members of the board are the directors of the Company within the meaning of the Companies Act (chapter C 38). 1982, c. 28, s. 5. 6. Two-thirds of the members of the board of directors including the chairman shall be domiciled in Québec, but no share qualification shall be required in order to be a member of the board of directors of the Company. An Act respecting the Raffinerie de sucre du Québec file:///D/HTML/que53011.htm[16.01.2025 09:57:59] 1982, c. 28, s. 6. 7. (Repealed). 1982, c. 28, s. 7; 1986, c. 60, s. 6. 8. Each of the members of the board of directors remains in office notwithstanding the expiry of his term, until he is replaced or reappointed. 1982, c. 28, s. 8; 1986, c. 60, s. 7. 9. The chairman of the board of directors is ex officio the president and managing director of the Company. He shall see that the decisions of the board of directors are carried out and be responsible for the administration of the Company within the scope of its internal management by-laws and policies. 1982, c. 28, s. 9. 10. (Repealed). 1982, c. 28, s. 10; 1986, c. 60, s. 8. 11. (Repealed). 1982, c. 28, s. 11; 1986, c. 60, s. 8. 12. (Repealed). 1982, c. 28, s. 12; 1986, c. 60, s. 8. 13. A majority of the members including the chairman or the vice-chairman constitute a quorum of the board of directors. If the votes are equally divided, the chairman, or, if he is absent, the vice-chairman, has a casting vote. 1982, c. 28, s. 13. 14. (Repealed). 1982, c. 28, s. 14; 1986, c. 60, s. 9. 15. (Repealed). 1982, c. 28, s. 15; 1986, c. 60, s. 9. CHAPTER III FINANCING 16. The Company is authorized to issue an unlimited number of common shares of a par value of $100 each. 1982, c. 28, s. 16; 1986, c. 60, s. 10. 17. (Repealed). 1982, c. 28, s. 17; 1986, c. 60, s. 11. 18. (Repealed). 1982, c. 28, s. 18; 1986, c. 60, s. 11. An Act respecting the Raffinerie de sucre du Québec file:///D/HTML/que53011.htm[16.01.2025 09:57:59] 19. (Repealed). 1982, c. 28, s. 19; 1986, c. 60, s. 11. 20. (Repealed). 1982, c. 28, s. 20; 1986, c. 60, s. 11. 21. (Repealed). 1982, c. 28, s. 21; 1986, c. 60, s. 11. CHAPTER IV Repealed, 1986, c. 60, s. 12. 22. (Repealed). 1982, c. 28, s. 22; 1986, c. 60, s. 12. 23. (Repealed). 1982, c. 28, s. 23; 1986, c. 60, s. 12. 24. (Repealed). 1982, c. 28, s. 24; 1986, c. 60, s. 12. CHAPTER V Repealed, 1986, c. 60, s. 12. 25. (Repealed). 1982, c. 28, s. 25; 1986, c. 60, s. 12. 26. (Repealed). 1982, c. 28, s. 26; 1986, c. 60, s. 12. 27. (Repealed). 1982, c. 28, s. 27; 1986, c. 60, s. 12. 28. (Repealed). 1982, c. 28, s. 28; 1986, c. 60, s. 12. 29. (Repealed). 1982, c. 28, s. 29; 1986, c. 60, s. 12. CHAPTER VI MISCELLANEOUS PROVISIONS 30. Subject to this Act, Part II of the Companies Act (chapter C-38) applies to the Company. 1982, c. 28, s. 30; 1986, c. 60, s. 13. An Act respecting the Raffinerie de sucre du Québec file:///D/HTML/que53011.htm[16.01.2025 09:57:59] 31. The Company may apply to be continued as a corporation governed by the Canada Business Corporations Act (Revised Statutes of Canada, 1985, chapter C-44) as if it had been incorporated under the said Act. From the date of its continuance, the Company ceases to be governed by this Act. 1982, c. 28, s. 31; 1986, c. 60, s. 14; 1999, c. 40, s. 240. 32. (Replaced). 1982, c. 28, s. 32; 1986, c. 60, s. 14. 33. (Replaced). 1982, c. 28, s. 33; 1986, c. 60, s. 14. 34. (Replaced). 1982, c. 28, s. 34; 1986, c. 60, s. 14. 35. (Omitted). 1982, c. 28, s. 35. 36. (Repealed). 1982, c. 28, s. 36; 1986, c. 60, s. 15. 37. (This section ceased to have effect on 23 June 1987). 1982, c. 28, s. 37; U. K., 1982, c. 11, Sch. B, Part I, s. 33. 38. (Omitted). 1982, c. 28, s. 38. REPEAL SCHEDULE In accordance with section 17 of the Act respecting the consolidation of the statutes and regulations (chapter R-3), chapter 28 of the statutes of 1982, in force on 1 July 1982, is repealed, except section 38, effective from the coming into force of chapter R-0.1 of the Revised Statutes.