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A-6 - Financial Administration Act
Section 72.3
Disposition versions
72.3. (Replaced).
72.3. In addition to the powers granted to them under section 72.2, public sector bodies which have the power to borrow may, with the authorizations and approvals required by law for the exercise of that power, and if they deem it appropriate for their financial management, acquire, hold, invest in, conclude, dispose of or terminate, according to its terms, any instrument or contract of a financial nature which the Government may determine for one or several bodies or for a category of bodies.
The provisions of the first paragraph do not apply to a public sector body in respect of an instrument or contract of a financial nature, to the extent that the power to acquire, hold, invest in or conclude such an instrument or contract is expressly provided by law or by the constituting act of the body.
