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I-13.2.2 - Deposit Institutions and Deposit Protection Act

Section 53
Disposition versions

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53. When the resources of the Authority are insufficient for the payment of its obligations or the exercise of the powers assigned to it by section 40.5, the Minister of Finance, with the authorization of the Government and on such conditions as it determines, may make to the Authority, out of the Consolidated Revenue Fund, the advances necessary for such purpose.
1966-67, c. 73, s. 50; 2002, c. 45, s. 198; 2004, c. 37, s. 90; 2018, c. 23, s. 390.
53. When the resources of the Authority are insufficient for the payment of its obligations or the exercise of the powers assigned to it by section 40, the Minister of Finance, with the authorization of the Government and on such conditions as it determines, may make to the Authority, out of the Consolidated Revenue Fund, the advances necessary for such purpose.
1966-67, c. 73, s. 50; 2002, c. 45, s. 198; 2004, c. 37, s. 90.
53. When the resources of the Agency are insufficient for the payment of its obligations or the exercise of the powers assigned to it by section 40, the Minister of Finance, with the authorization of the Government and on such conditions as it determines, may make to the Agency, out of the consolidated revenue fund, the advances necessary for such purpose.
1966-67, c. 73, s. 50; 2002, c. 45, s. 198.
53. When the resources of the Board are insufficient for the payment of its obligations or the exercise of the powers assigned to it by section 40, the Minister of Finance, with the authorization of the Government and on such conditions as it determines, may make to the Board, out of the consolidated revenue fund, the advances necessary for such purpose.
1966-67, c. 73, s. 50.
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