A-6.001 - Financial Administration Act

Section 19 Disposition versions

2015-04-21

19. A transaction effected under section 16, or a hypothec granted or amount of money transferred in accordance with an instrument entered into under section 16.1 is valid, and its validity cannot be contested if the transaction is effected, the hypothec granted or the amount transferred in accordance with section 17, unless the cause of invalidity is set out in the terms of the transaction.

Payments arising from such a transaction are also valid, and their validity cannot be contested, except to the extent provided for in the first paragraph. This also applies to transfers made by the Minister under paragraph 2 of section 16.1.

The same applies to documents related to such a transaction or to an instrument provided for in section 16.1.

2000, c. 15, s. 19; 2001, c. 75, s. 5; 2011, c. 18, s. 20; 2015, c. 8, s. 353.

2011-06-13

19. A transaction effected under section 16 or a hypothec granted under section 16.1 is valid, and its validity cannot be contested if it was effected or granted in accordance with section 17, except where the cause of invalidity is set out in the terms of the transaction.

Payments arising from such a transaction are also valid, and their validity cannot be contested, except to the extent provided for in the first paragraph.

The same applies to documents related to such a transaction or hypothec.

2000, c. 15, s. 19; 2001, c. 75, s. 5; 2011, c. 18, s. 20.

2002-03-01

19. A transaction effected under section 16 is valid, and its validity cannot be contested if it was effected in accordance with section 17, except where the cause of invalidity is set out in the terms of the transaction.

Payments arising from such a transaction are also valid, and their validity cannot be contested, except to the extent provided for in the first paragraph.

The same applies to documents related to the transactions.

2000, c. 15, s. 19; 2001, c. 75, s. 5.