M-30.01 - Act respecting the Ministère du Développement économique, de l’Innovation et de l’Exportation

Section 74 Disposition versions

2014-01-05

74. (Section renumbered).

2003, c. 29, s. 74; 2013, c. 28, s. 207.

See section 53 of chapter M-15.1.0.1.

2004-03-23

74. The Government may, on the conditions it determines,

(1)  guarantee any loan contracted by a Fonds as well as the execution of any of its obligations;

(2)  authorize the Minister of Finance to advance to a Fonds any amount deemed necessary for the carrying out of its functions.

Any sum that the Government may be called to pay under the guarantees or to advance to a Fonds is taken out of the Consolidated Revenue Fund.

2003, c. 29, s. 74.