S-10.002 - Act respecting the Société de développement des entreprises culturelles

Section 38 Disposition versions

1995-04-01

38. The Government may, on the conditions it determines,

(1)  guarantee payment of the principal and interest of any loan taken out by the Société or of any obligation of the Société;

(2)  authorize the Minister of Finance to advance to the Société any amount considered necessary for the fulfilment of its obligations, the achievement of its objectives or the exercise of its powers.

The sums required for the purposes of this section shall be taken out of the Consolidated Revenue Fund.

1994, c. 21, s. 38.