A-18 - Act to promote farm improvement

Full text
7. A loan may be granted for one or more of the following purposes:
(1)  improvement of the land;
(2)  purchase or repair of farm implements, agricultural tools or machinery and farm equipment, including a farm tractor and any other motor vehicle authorized by regulation;
(3)  purchase of breeding stock;
(4)  purchase, erection or improvement of farm buildings;
(5)  construction and organization of a fattening station;
(6)  installation or improvement of a drinking-water supply system;
(7)  installation or improvement of electric wiring;
(8)  purchase of contingents and quotas in the cases and according to the conditions provided for by regulation;
(9)  purchase of additional land;
(10)  repayment of the balance on an existing loan in the case provided for in section 10.
One or another of the loan purposes provided for in this section may, for the purposes of its application, be defined or listed in a regulation.
R. S. 1964, c. 109, s. 4; 1965 (1st sess.), c. 40, s. 4; 1969, c. 43, s. 3; 1972, c. 33, s. 3; 1975, c. 35, s. 3; 1978, c. 45, s. 5.
7. A loan may be granted for one or more of the following purposes:
(1)  improvement of the land;
(2)  purchase or repair of farm implements, agricultural tools or machinery and farm equipment, including a farm tractor and any other motor vehicle authorized by regulation;
(3)  purchase of breeding stock;
(4)  purchase, erection or improvement of farm buildings;
(5)  construction and organization of a fattening station;
(6)  installation or improvement of a drinking-water supply system;
(7)  installation or improvement of electric wiring;
(8)  purchase of contingents and quotas in the cases and according to the conditions provided for by regulation;
(9)  purchase of additional land.
One or another of the loan purposes provided for in this section may, for the purposes of its application, be defined or listed in a regulation.
R. S. 1964, c. 109, s. 4; 1965 (1st sess.), c. 40, s. 4; 1969, c. 43, s. 3; 1972, c. 33, s. 3; 1975, c. 35, s. 3.