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E-13 - Act respecting the establishment of a beet-sugar factory at Saint-Hilaire

Section 12
Disposition versions

Full text
12. The Government may authorize the Minister of Finance to guarantee payment in principal and interest of loans contracted by the corporation, such principal not to exceed the sum of four million dollars.
The Minister of Finance is authorized to pay, out of the consolidated revenue fund, the amounts required to implement such guarantees.
The Government may also authorize the Minister of Finance to make advances to the corporation up to the said sum of four million dollars.
1943, c. 23, s. 12; 1951-52, c. 13, s. 1; 1966-67, c. 47, s. 1.
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