E-6 - Public Officers Act

Section 21 Disposition versions

2011-02-14

21. Security by pledge consists in the deposit in money to the amount of the security, by the public officer or employee, or by any surety for him, in the hands of the Minister of Finance or to his credit in any bank approved by him; or in the deposit by the public officer or employee, or by any surety for him, in the hands of the Minister of Finance, of bonds approved by the latter to the amount required, at the rate fixed.

Security by insurance policy consists in an insurance policy in favour of the Minister of Finance, issued by the European Assurance Society mentioned in the Imperial Act 22 Victoria, chapter 25, or by any legal person and empowered for like purposes, approved by the Government.

Hypothecary security consists in a duly registered hypothecation of immovable property of sufficient value, by the public officer or employee, or by a surety for him, to the amount required in favour of the Minister of Finance.

R. S. 1964, c. 12, s. 21; 1999, c. 40, s. 117; 2009, c. 52, s. 592.

1999-10-22

21. Security by pledge consists in the deposit in money to the amount of the security, by the public officer or employee, or by any surety for him, in the hands of the Minister of Finance or to his credit in any bank approved by him; or in the deposit by the public officer or employee, or by any surety for him, in the hands of the Minister of Finance, of bonds approved by the latter to the amount required, at the rate fixed.

Security by insurance policy consists in an insurance policy in favour of the Minister of Finance, issued by the European Assurance Society mentioned in the Imperial Act 22 Victoria, chapter 25, or by any company constituted as a legal person and empowered for like purposes, approved by the Government.

Hypothecary security consists in a duly registered hypothecation of immovable property of sufficient value, by the public officer or employee, or by a surety for him, to the amount required in favour of the Minister of Finance.

R. S. 1964, c. 12, s. 21; 1999, c. 40, s. 117.

1977-12-31

21. Security by pledge consists in the deposit in money to the amount of the security, by the public officer or employee, or by any surety for him, in the hands of the Minister of Finance or to his credit in any bank approved by him; or in the deposit by the public officer or employee, or by any surety for him, in the hands of the Minister of Finance, of debentures approved by the latter to the amount required, at the rate fixed.

Security by guarantee policy consists in a guarantee policy in favour of the Minister of Finance, issued by the European Assurance Society mentioned in the Imperial Act 22 Victoria, chapter 25, or by any company incorporated and empowered for like purposes, approved by the Government.

Hypothecary security consists in a duly registered hypothecation of immoveable property of sufficient value, by the public officer or employee, or by a surety for him, to the amount required in favour of the Minister of Finance.

Registration of this hypothecation is effected by deposit.

R. S. 1964, c. 12, s. 21.