A-34 - Autoroutes Act

Section 19 Disposition versions

1983-01-01

19. The Minister of Finance is authorized to sign a note on behalf of the Government and in favour of the Authority, in the amount of the bonded debt of the Authority and of the accrued interest to 1 April 1982, less the accumulated amount of the sinking fund for that bonded debt.

The note must specify the terms, the rate of interest and all the other conditions consistent with the full discharge of the liabilities of the Authority in respect of the repayment of its debt.

The amount of the note shall be posted to the net debt as defined in the public accounts prepared under the Financial Administration Act (chapter A-6).

R. S. 1964, c. 134, s. 17; 1982, c. 49, s. 4.

1977-12-31

19. For the purposes of the works mentioned in section 18, the Authority, with the authorization of the Minister, may acquire, by agreement or expropriation, such immoveables and real rights as it deems necessary.

R. S. 1964, c. 134, s. 17.