D-8.0.1 - James Bay Region Development Act

Section 26 Disposition versions

2000-09-27

26. The Government, on such conditions as it determines, may:

(a)  guarantee payment in capital and interest of any loan of the Société or any of its subsidiaries, and the performance of any obligation of the Société or any of its subsidiaries;

(b)  make any commitment in relation to the carrying out or financing of an initiative in which the Société or any of its subsidiaries is participating;

(c)  authorize the Minister of Finance to advance to the Société or any of its subsidiaries any amount considered necessary for the fulfilment of their obligations or the pursuit of their mission.

The sums required for the purposes of this section shall be taken out of the Consolidated Revenue Fund.

1971, c. 34, s. 26; 1977, c. 5, s. 14; 1978, c. 41, s. 23; 1999, c. 40, s. 105; 1999, c. 69, s. 8.

1999-10-22

26. The Government, on such conditions as it determines, may:

(a)  guarantee payment in capital and interest of any loan of the Société or of a subsidiary contemplated in paragraphs a to c of section 18, or in which it holds at least 90 % of the shares, and the performance of any obligation of the Société or of any such subsidiary;

(b)  authorize the Minister of Finance to advance to the Société or to a subsidiary contemplated in sub-paragraph a any amount considered necessary for the operations of the Société or of such subsidiary, at such rate of interest, for such time and on such other conditions as are determined by the Government.

Sums which the Government may be called upon to pay under such guarantees or to advance to the Société or to a subsidiary shall be taken out of the consolidated revenue fund.

1971, c. 34, s. 26; 1977, c. 5, s. 14; 1978, c. 41, s. 23; 1999, c. 40, s. 105.

1978-10-01

26. The Government, on such conditions as it determines, may:

(a)  guarantee payment in capital and interest of any loan of the Corporation or of a subsidiary contemplated in paragraphs a to c of section 18, or in which it holds at least ninety per cent of the shares, and the performance of any obligation of the Corporation or of any such subsidiary;

(b)  authorize the Minister of Finance to advance to the corporation or to a subsidiary contemplated in sub-paragraph a any amount considered necessary for the operations of the corporation or of such subsidiary, at such rate of interest, for such time and on such other conditions as are determined by the Government.

Sums which the Government may be called upon to pay under such guarantees or to advance to the corporation or to a subsidiary shall be taken out of the consolidated revenue fund.

1971, c. 34, s. 26; 1977, c. 5, s. 14; 1978, c. 41, s. 23.

1977-12-31

26. The Gouvernement, on such conditions as it determines, may:

(a)  guarantee payment in capital and interest of any loan of the corporation or of a subsidiary contemplated in section 16 or in paragraphs a to c of section 18, or at least ninety per cent of whose shares it holds, and the performance of any obligation of the corporation or of any such subsidiary;

(b)  authorize the Minister of Finance to advance to the corporation or to a subsidiary contemplated in sub-paragraph a any amount considered necessary for the operations of the corporation or of such subsidiary, at such rate of interest, for such time and on such other conditions as are determined by the Gouvernement.

Sums which the Gouvernement may be called upon to pay under such guarantees or to advance to the corporation or to a subsidiary shall be taken out of the consolidated revenue fund.

1971, c. 34, s. 26; 1977, c. 5, s. 14.