A-13.1 - Act respecting assistance for tourist development

Section 14 Disposition versions

1999-10-22

14. When a person obtains financial assistance by false declarations or fraud or uses any part of a loan guaranteed or granted by the Société for purposes other than those for which it should be used, or is otherwise in default, the Société may, of its own initiative or at the request of the Minister, declare such person forfeited of the benefit of the term granted and take any other civil recourse vested in it by law and the contractual documents.

1979, c. 34, s. 14; 1999, c. 40, s. 14.

1999-04-01

14. When a person obtains financial assistance by false declarations or fraud or uses any part of a loan guaranteed or granted by the Corporation for purposes other than those for which it should be used, or is otherwise in default, the Corporation may, of its own initiative or at the request of the Minister, declare such person forfeited of the benefit of the term granted and take any other civil recourse vested in it by law and the contractual documents.

1979, c. 34, s. 14.