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I-14 - The Education Act for Cree, Inuit and Naskapi Native Persons
Section 216
Disposition versions
216. No school board shall, without the approval of the Minister, hypothecate, sell, lease, exchange or alienate the property belonging to it, if the market value of such property exceeds $1,000 or, as the case may be, if the term of the lease exceeds one year or if the annual rent exceeds $1,200.
All sales of school property authorized by this section shall be made after a call for tenders made by a public notice, unless the Minister has permitted such sale to be made by private agreement for a fixed sum, in such manner and after such notices as he may deem proper.
216. No school corporation shall, without the approval of the Minister, hypothecate, sell, lease, exchange or alienate the property belonging to it, if the market value of such property exceeds $1 000 or, as the case may be, if the term of the lease exceeds one year or if the annual rent exceeds $1 200.
All sales of school property authorized by this section shall be made after a call for tenders made by a public notice, unless the Minister has permitted such sale to be made by private agreement for a fixed sum, in such manner and after such notices as he may deem proper.
216. No school corporation shall, without the approval of the Minister, hypothecate, sell, lease, exchange or alienate in any manner the property belonging to it or borrow money thereon, if the market value of such property exceeds one thousand dollars or if the term of the lease exceeds one year or if the annual rent exceeds one thousand two hundred dollars, as the case may be.
All sales of school property authorized by this section shall be made after a call for tenders made by a public notice, unless the Minister has permitted such sale to be made by private agreement for a fixed sum, in such manner and after such notices as he may deem proper.
