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A-6 - Financial Administration Act

Section 62
Disposition versions

Full text
62. (Replaced).
1970, c. 17, s. 62; 1990, c. 88, s. 2; 2000, c. 15, s. 166.
62. The loans effected under this division shall be so made for such term, at such interest rates, in such manner and form and for such amounts as the Government determines.
Such loans may also be effected within the framework of a borrowing plan authorized by the Government, of which the maximum amount and the characteristics and limits considered necessary by the Government in relation to the loans effected under the plan shall be established by the Government. The Government may then generally authorize the Minister to conclude any borrowing transaction under the plan, to establish amounts and other characteristics thereof, and to agree to the terms and conditions relating to each transaction, including those relating to the currency of payment and registration of the securities.
Such loans shall not be employed except for the purposes contemplated by this division.
1970, c. 17, s. 62; 1990, c. 88, s. 2.
62. The loans effected under this division shall be so made for such term, at such interest rates, in such manner and form and for such amounts as the Government determines.
Such loans shall not be employed except for the purposes contemplated by this division.
1970, c. 17, s. 62.
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