469. The Minister may deposit with the Minister of Finance, to be managed by him, sums intended for the repayment of the principal of a loan in respect of which a subsidy has been granted under section 468 or 471, in order to constitute a sinking fund for the purpose of repaying out of such sums the principal of the loan, on the maturity dates under the terms of the loan.
The revenue of the sinking fund shall be used for the repayment of any duly authorized loan of any agency or any public institution or the loans of the Corporation d’hébergement du Québec, or shall be allocated to the repayment of any loan for which a sinking fund is constituted, in replacement of the sums that would otherwise be deposited under the first paragraph.
This section applies only to loans contracted on or after 1 April 1991.
1991, c. 42, s. 469; 2005, c. 32, s. 227.