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A-6 - Financial Administration Act
Section 72.1.1
Disposition versions
72.1.1. (Replaced).
72.1.1. Public sector bodies which have the power to borrow may, within the scope of a borrowing plan established by the body and the authorizations or approvals required by law for the exercise of their power to borrow, where the plan sets the maximum amount, the characteristics and limits relating to loans to be made, conclude without further authorization or approval any loan transaction under the plan, establish the amounts and other characteristics, and fix or accept the terms and conditions relating to each such transaction.
