C-78.1 - Act to promote forest credit by private institutions

Full text
50. (Repealed).
1983, c. 16, s. 50; 1992, c. 32, s. 40.
50. Notwithstanding any inconsistent legislative provision and subject to any other recourse, the Office may proceed in accordance with sections 69 to 77 of the Act respecting farm financing (chapter F-1.2) where, as mandatary of a lender, it is entitled to realize on its security or to recover from a borrower under this Act, sums owing or that have become payable or any other debt.
The Office may proceed in the same manner, as a mandatary of a lender, in any case of default on the part of a borrower.
1983, c. 16, s. 50.
50. Notwithstanding any inconsistent legislative provision and subject to any other recourse, the Office may proceed in accordance with sections 37 to 45 of the Farm Credit Act (chapter C-75) where, as mandatary of a lender, it is entitled to realize on its security or to recover from a borrower under this Act, sums owing or that have become payable or any other debt.
The Office may proceed in the same manner, as a mandatary of a lender, in any case of default on the part of a borrower.
1983, c. 16, s. 50.