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C-7.01 - Act respecting the Centre d’acquisitions gouvernementales
Section 38
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38. The Centre may not, without the Government’s authorization,
(1) contract a loan that causes the total of its outstanding loans to exceed the amount determined by the Government;
(2) make a financial commitment in excess of the limits or in contravention of the terms determined by the Government;
(3) acquire or transfer assets in excess of the limits or in contravention of the terms determined by the Government; or
(4) accept a gift or legacy to which a charge or condition is attached.
Not in force
38. The Centre may not, without the Government’s authorization,
(1) contract a loan that causes the total of its outstanding loans to exceed the amount determined by the Government;
(2) make a financial commitment in excess of the limits or in contravention of the terms determined by the Government;
(3) acquire or transfer assets in excess of the limits or in contravention of the terms determined by the Government; or
(4) accept a gift or legacy to which a charge or condition is attached.
