F-1.2 - Act respecting farm financing

Section 132 Disposition versions

1988-08-11

132. The Government may, on the conditions it determines,

(1)  guarantee payment of any sum borrowed by the Office and the performance of any obligation of the Office;

(2)  authorize the Minister of Finance to advance to the Office any amount deemed necessary for the exercise of its functions and powers, at the rate of interest, for the period of time and on any other conditions determined by the Government.

The sums that the Government may be called upon to pay pursuant to the guarantees or to advance to the Office are taken out of the consolidated revenue fund.

1987, c. 86, s. 132.