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A-13.3, r. 1 - Regulation respecting financial assistance for education expenses

Section 80
Disposition versions

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80. If the Minister reimburses to the financial institution the losses in principal and interest resulting from a guaranteed loan pursuant to section 28 of the Act respecting financial assistance for education expenses (chapter A-13.3), the rate of interest to be paid by the borrower in default is, as of the reimbursement, a variable rate that fluctuates as provided in section 73.
O.C. 344-2004, s. 80.
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