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A-31 - Act respecting farm income stabilization insurance

Section 10.3
Disposition versions

Full text
10.3. (Repealed).
1992, c. 59, s. 1; 1998, c. 53, s. 24; 2000, c. 15, s. 97; 2000, c. 53, s. 68.
10.3. The Régie may contract a loan in order to carry out a transaction contemplated by Chapter VIII of the Financial Administration Act (chapter A‐6.001) in respect of instruments and contracts of a financial nature. The Government shall determine the amount, the rate of interest, the conditions and the modalities of the loan.
The amount of a loan may be applied, among other things, to the repayment of brokerage fees relating to instruments and contracts of a financial nature, and to the repayment of any interest and costs relating to a loan.
The sums required to repay the loan are chargeable to the fund in the proportion determined by the Government in accordance with an agreement entered into pursuant to section 43. In the absence of an agreement, the sums required to repay the loan are chargeable to the fund, but only in the proportion for which the Government is liable.
1992, c. 59, s. 1; 1998, c. 53, s. 24; 2000, c. 15, s. 97.
10.3. The Régie may contract a loan in order to carry out a transaction contemplated by Division VIII.1 of the Financial Administration Act (chapter A-6) in respect of instruments and contracts of a financial nature. The Government shall determine the amount, the rate of interest, the conditions and the modalities of the loan.
The amount of a loan may be applied, among other things, to the repayment of brokerage fees relating to instruments and contracts of a financial nature, and to the repayment of any interest and costs relating to a loan.
The sums required to repay the loan are chargeable to the fund in the proportion determined by the Government in accordance with an agreement entered into pursuant to section 43. In the absence of an agreement, the sums required to repay the loan are chargeable to the fund, but only in the proportion for which the Government is liable.
1992, c. 59, s. 1; 1998, c. 53, s. 24.
10.3. The Régie may contract a loan in order to carry out a transaction contemplated by Division VIII.1 of the Financial Administration Act (chapter A-6) in respect of instruments and contracts of a financial nature. The Government shall determine the amount, the rate of interest, the conditions and the modalities of the loan.
The amount of a loan may be applied, among other things, to the repayment of brokerage fees relating to instruments and contracts of a financial nature, and to the repayment of any interest and costs relating to a loan.
The Government shall guarantee the payment of any loan contracted by the Régie under the first paragraph. The sums that the Government may be called to pay under the guarantee are taken out of the consolidated revenue fund.
1992, c. 59, s. 1.
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