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C-78 - Forestry Credit Act
Section 26
Disposition versions
26. The amount repayable by the agency under section 16 shall be paid to the borrower every six months; such repayment shall be made only if the borrower has made the payments due in principal and interest and if he or it continues to fulfil the conditions required to benefit by the provisions of this subdivision.
No repayment of interest shall be made in respect of interest on payments in arrears.
26. The amount repayable by the Bureau under section 16 shall be paid to the borrower every six months; such repayment shall be made only if the borrower has made the payments due in principal and interest and if he or it continues to fulfil the conditions required to benefit by the provisions of this subdivision.
No repayment of interest shall be made in respect of interest on payments in arrears.
