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F-4 - Industrial Funds Act

Section 8
Disposition versions

Full text
8. If the municipal corporation, in order to protect its claim, takes back an immoveable hypothecated in its favour, it may subsequently resell or lease the same on such conditions as are approved by the Minister of Industry, Commerce and Tourism and the Minister of Municipal Affairs. The proceeds of the resale or lease shall be governed by section 6.
R. S. 1964, c. 175, s. 7; 1979, c. 77, s. 27.
8. If the municipal corporation, in order to protect its claim, takes back an immoveable hypothecated in its favour, it may subsequently resell or lease the same on such conditions as are approved by the Minister of Industry and Commerce and the Minister of Municipal Affairs. The proceeds of the resale or lease shall be governed by section 6.
R. S. 1964, c. 175, s. 7.
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