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

Section 14 Disposition versions

2013-04-01

14. An applicant who has been issued a certificate may borrow for one or several of the following purposes, provided they are related to the forest in respect of which the loan is applied for:

(1)  the purchase of a forest and the consolidation of debts contracted for that purpose;

(2)  forest improvement or planning and the consolidation of debts contracted for such planning;

(3)  the purchase, construction or improvement of buildings or other constructions or works that may form part of a forest, including those of a power transmission line and a drinking water supply system;

(4)  the construction or repair of roads in the forest or access roads to the forest;

(5)  the purchase, establishment, equipping or improvement of a nursery for the raising of plants for forestation;

(6)  the purchase, construction or repair of greenhouses or greenhouse or nursery equipment used for the raising of plants contemplated in paragraph 5;

(7)  the purchase of forest seeds and plants;

(8)  the purchase or repair of forest machinery, equipment or implements;

(9)  the purchase, installation, repair or improvement of material or equipment for a maple sugary;

(10)  protection of the forest against deteriorative agents;

(11)  any other purpose which, in the opinion of the agency, may increase the efficiency of forest resource harvesting or promote the productive management or rational utilization of the forest.

Any of the borrowing purposes provided for in this section may, for the purposes of its application, be defined or listed in a regulation.

1983, c. 16, s. 14; 1992, c. 32, s. 43; 2000, c. 53, s. 66; 2010, c. 3, s. 285.

2001-04-17

14. An applicant who has been issued a certificate may borrow for one or several of the following purposes, provided they are related to the forest in respect of which the loan is applied for:

(1)  the purchase of a forest and the consolidation of debts contracted for that purpose;

(2)  forest improvement or planning and the consolidation of debts contracted for such planning;

(3)  the purchase, construction or improvement of buildings or other constructions or works that may form part of a forest, including those of a power transmission line and a drinking water supply system;

(4)  the construction or repair of forest roads or access roads to the forest;

(5)  the purchase, establishment, equipping or improvement of a nursery for the raising of plants for forestation;

(6)  the purchase, construction or repair of greenhouses or greenhouse or nursery equipment used for the raising of plants contemplated in paragraph 5;

(7)  the purchase of forest seeds and plants;

(8)  the purchase or repair of forest machinery, equipment or implements;

(9)  the purchase, installation, repair or improvement of material or equipment for a maple sugary;

(10)  protection of the forest against deteriorative agents;

(11)  any other purpose which, in the opinion of the agency, may increase the efficiency of forest resource harvesting or promote the productive management or rational utilization of the forest.

Any of the borrowing purposes provided for in this section may, for the purposes of its application, be defined or listed in a regulation.

1983, c. 16, s. 14; 1992, c. 32, s. 43; 2000, c. 53, s. 66.

1993-06-17

14. An applicant who has been issued a certificate may borrow for one or several of the following purposes, provided they are related to the forest in respect of which the loan is applied for:

(1)  the purchase of a forest and the consolidation of debts contracted for that purpose;

(2)  forest improvement or planning and the consolidation of debts contracted for such planning;

(3)  the purchase, construction or improvement of buildings or other constructions or works that may form part of a forest, including those of a power transmission line and a drinking water supply system;

(4)  the construction or repair of forest roads or access roads to the forest;

(5)  the purchase, establishment, equipping or improvement of a nursery for the raising of plants for forestation;

(6)  the purchase, construction or repair of greenhouses or greenhouse or nursery equipment used for the raising of plants contemplated in paragraph 5;

(7)  the purchase of forest seeds and plants;

(8)  the purchase or repair of forest machinery, equipment or implements;

(9)  the purchase, installation, repair or improvement of material or equipment for a maple sugary;

(10)  protection of the forest against deteriorative agents;

(11)  any other purpose which, in the opinion of the Société, may increase the efficiency of forest resource harvesting or promote the productive management or rational utilization of the forest.

Any of the borrowing purposes provided for in this section may, for the purposes of its application, be defined or listed in a regulation.

1983, c. 16, s. 14; 1992, c. 32, s. 43.

1984-06-30

14. An applicant who has been issued a certificate may borrow for one or several of the following purposes, provided they are related to the forest in respect of which the loan is applied for:

(1)  the purchase of a forest and the consolidation of debts contracted for that purpose;

(2)  forest improvement or planning and the consolidation of debts contracted for such planning;

(3)  the purchase, construction or improvement of buildings or other constructions or works that may form part of a forest, including those of a power transmission line and a drinking water supply system;

(4)  the construction or repair of forest roads or access roads to the forest;

(5)  the purchase, establishment, equipping or improvement of a nursery for the raising of plants for forestation;

(6)  the purchase, construction or repair of greenhouses or greenhouse or nursery equipment used for the raising of plants contemplated in paragraph 5;

(7)  the purchase of forest seeds and plants;

(8)  the purchase or repair of forest machinery, equipment or implements;

(9)  the purchase, installation, repair or improvement of material or equipment for a maple sugary;

(10)  protection of the forest against deteriorative agents;

(11)  any other purpose which, in the opinion of the Office, may increase the efficiency of forest resource harvesting or promote the productive management or rational utilization of the forest.

Any of the borrowing purposes provided for in this section may, for the purposes of its application, be defined or listed in a regulation.

1983, c. 16, s. 14.