M-14 - Act respecting the Ministère de l’Agriculture, des Pêcheries et de l’Alimentation

Section 33 Disposition versions

1979-12-21

33. The interest, rents or charges received in the application of this division are allocated first to the payment of the interest due on any loan made in the private market, then to any advance made by the Minister of Finance under section 32 and, finally, to the purposes provided for in the second paragraph.

The principal sums received in the application of this division are allocated, first, to the repayment of any loan made in the private market for the purposes of section 32, secondly, to the constitution of a sinking fund authorized by the Government, which shall fix the conditions thereof, then, to the repayment of any advance made by the Minister of Finance under section 32 and, finally, to the payment of interest in the order provided in the first paragraph.

Any remainder of the whole amount is paid into the Consolidated Revenue Fund.

1979, c. 66, s. 2.