A-13.1 - Act respecting assistance for tourist development

Section 6 Disposition versions

1999-10-22

6. Financial assistance may be in the form of

(a)  a guarantee of repayment of the whole or a part of a financial commitment;

(b)  a loan to a business that could not otherwise obtain a loan;

(c)  the assumption of part of the borrowing costs of a business;

(d)  a grant;

(e)  a partial exemption from repayment of a loan granted by the Société;

(f)  an acquisition, by the Société, of shares of a business constituted as a legal person provided that the Société does not at any time hold a majority of shares; or

(g)  any other form of assistance defined by regulation.

1979, c. 34, s. 6; 1983, c. 25, s. 5; 1999, c. 40, s. 14.

1983-09-15

6. Financial assistance may be in the form of

(a)  a guarantee of repayment of the whole or a part of a financial commitment;

(b)  a loan to a business that could not otherwise obtain a loan;

(c)  the assumption of part of the borrowing costs of a business;

(d)  a grant;

(e)  a partial exemption from repayment of a loan granted by the Corporation;

(f)  an acquisition, by the Corporation, of shares of an incorporated business provided that the Corporation does not at any time hold a majority of shares; or

(g)  any other form of assistance defined by regulation.

1979, c. 34, s. 6; 1983, c. 25, s. 5.

1979-11-07

6. Financial assistance may be in the form of

(a)  a guarantee of repayment of the whole or a part of a financial commitment;

(b)  a loan to a business that could not otherwise obtain a loan;

(c)  the assumption of part of the borrowing costs of a business.

1979, c. 34, s. 6.