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

Section 8
Disposition versions

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8. The agency may issue a certificate to an applicant if
(1)  he has the financial and moral capacity to repay the loan applied for; and
(2)  his borrowing scheme is consistent with forestry principles and suited to the harvesting, development or rational utilization of the forest in respect of which the borrowing is applied for.
1983, c. 16, s. 8; 1992, c. 32, s. 43; 2000, c. 53, s. 66.
8. The Société may issue a certificate to an applicant if
(1)  he has the financial and moral capacity to repay the loan applied for; and
(2)  his borrowing scheme is consistent with forestry principles and suited to the harvesting, development or rational utilization of the forest in respect of which the borrowing is applied for.
1983, c. 16, s. 8; 1992, c. 32, s. 43.
8. The Office may issue a certificate to an applicant if
(1)  he has the financial and moral capacity to repay the loan applied for; and
(2)  his borrowing scheme is consistent with forestry principles and suited to the harvesting, development or rational utilization of the forest in respect of which the borrowing is applied for.
1983, c. 16, s. 8.
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