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A-31 - Act respecting farm income stabilization insurance
Section 10.1
Disposition versions
10.1. The Régie may complete the payment of compensation by means of a loan. The Régie may, to guarantee the loan, encumber all or part of the assessments collected by it and the contributions paid to it by the Government under this Act.
The Government shall determine the amount, the rate of interest, the conditions and the modalities of a loan and the conditions under which the assessments and contributions may be encumbered.
10.1. The Régie may complete the payment of compensation by means of a loan. Notwithstanding section 7, the Régie may, to secure the loan, transfer all or part of the assessments payable by participants and the contributions of the Government under this Act. Articles 1571 to 1571c and article 1572 of the Civil Code of Lower Canada do not apply to a transfer under this section.
The Government shall determine the amount, the rate of interest, the conditions and the modalities of a loan and the conditions governing the transfer of the assessments and contributions, particularly with regard to the service of transfer under this section.
