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P-20 - Farm Loan Act

Section 2
Disposition versions

Full text
2. The Government shall pay, during the period of the loan, the difference, not exceeding three per cent (3%), between the annual interest of three per cent (3%) and that charged by the Board to the farmers of Québec on the capital of loans made to them before 8 November 1950 under the Canadian Farm Loan Act.
The Minister of Finance shall pay the Government’s contributory share of such payments to the persons entitled thereto, out of the consolidated revenue fund.
R. S. 1964, c. 111, s. 2; 1977, c. 5, s. 14.
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