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A-29.1 - Act respecting farm-loan insurance and forestry-loan insurance
Section 5.2
Disposition versions
5.2. The manner of establishing the sum of money payable to the Fonds as insurance charge must be revised at least once every four years following an actuarial analysis of the losses refunded by the Fonds and taking account of market fluctuations, having regard to prevailing conditions and to the type of production engaged in by the persons who obtain a farm loan or a forest loan or by the persons who assume payment of the loan.
The moneys necessary to conduct the actuarial analysis shall be taken out of the assets of the Fonds.
5.2. The manner of establishing the sum of money payable to the Fonds by the Government as insurance charge must be revised at least once every four years following an actuarial analysis of the losses refunded by the Fonds and taking account of market fluctuations, having regard to prevailing conditions and to the type of production engaged in by the persons who obtain a farm loan or a forest loan or by the persons who assume payment of the loan.
5.2. The rates of the insurance charge contemplated in the second paragraph of section 5 must be revised at least once every four years following an actuarial analysis of the losses refunded by the Fonds and taking account of market fluctuations, having regard to prevailing conditions and to the type of production engaged in by the persons who obtain a farm loan or a forest loan or by the persons who assume payment of the loan.
