A-6 - Financial Administration Act

Full text
69.5. (Replaced).
1990, c. 66, s. 5; 1996, c. 12, s. 11; 2000, c. 15, s. 166.
69.5. The Minister may, with the authorization of the Government and subject to the conditions it determines, advance to the fund sums taken out of the consolidated revenue fund from the moneys borrowed for such purpose. The authorization of the Government shall specify the period of payment of the sums into the fund and the costs payable out of the advance or chargeable in computing the applicable rates of interest.
He may conversely advance to the consolidated revenue fund, on a short-term basis and subject to the conditions he determines, any part of the sums paid into the financing fund that is not required for its operation.
Where the moneys were borrowed under a borrowing plan, the Minister shall determine the amount of the advance and the time of its payment into the fund within the limits fixed in the order authorizing the advance and made under the borrowing plan.
Any advance paid to a fund shall be repayable out of that fund.
1990, c. 66, s. 5; 1996, c. 12, s. 11.
69.5. The Minister may, with the authorization of the Government and subject to the conditions it determines, advance to the fund sums taken out of the consolidated revenue fund from the moneys borrowed for such purpose. The authorization of the Government shall specify the period of payment of the sums into the fund and the costs payable out of the advance or chargeable in computing the applicable rates of interest.
He may conversely advance to the consolidated revenue fund, on a short-term basis and subject to the conditions he determines, any part of the sums paid into the financing fund that is not required for its operation.
Any advance paid to a fund shall be repayable out of that fund.
1990, c. 66, s. 5.