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C-79 - Act to promote special credit to agricultural producers during critical periods

Section 16
Disposition versions

Full text
16. A producer who, to obtain a certificate, knowingly makes a false declaration shall repay the Bureau for the expenses incurred in consequence of the issue of such certificate.
If that producer contracts a loan, he shall moreover lose the benefit of the term. He shall also repay the Government the amounts disbursed by it in consequence of the loan. The producer shall not subsequently obtain any other certificate.
A producer who, to obtain a loan not requiring the previous issuing of a certificate, knowingly makes a false declaration shall repay the lender for the expenses incurred in consequence of such loan. That producer shall not subsequently obtain any other loan.
1972, c. 39, s. 16; 1977, c. 5, s. 14.
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