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F-1.2 - Act respecting farm financing

Section 45
Disposition versions

Full text
45. A special loan is granted to enable the borrower to meet expenses considered essential to pursue the activities inherent in his operation or to make up the difference between the sale prices for produce of a designated production and their production cost.
In the case of the cessation of or reduction in any production within the meaning of section 40, a special loan is granted to enable the borrower to meet the expenses inherent in the carrying out of a program of conversion of agricultural operations in accordance with the regulations as well as his essential living expenses, within the limits prescribed by regulation and for such time as the new production he undertakes does not enable him to provide for them.
1987, c. 86, s. 45.
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