R-2.2.0.1 - Act to reduce the debt and establish the Generations Fund

Section 1.2 Disposition versions

2023-12-07

1.2. (Repealed).

2010, c. 20, s. 52; 2020, c. 5, s. 217; 2023, c. 30, s. 31.

2020-03-17

1.2. The gross debt is the sum of the following assets and liabilities:

(1)  the balance of the Generations Fund;

(2)  debts before deferral of exchange gains or losses; and

(3)  liabilities with regard to pension plans and other future employee benefits.

The gross debt for a fiscal year does not include loans contracted by the Minister of Finance for the following fiscal year.

2010, c. 20, s. 52; 2020, c. 5, s. 217.

2010-06-12

1.2. The gross debt is the sum of the following assets and liabilities:

(1)  the balance of the Generations Fund;

(2)  debts before deferral of exchange gains or losses; and

(3)  liabilities with regard to pension plans and other future employee benefits.

The gross debt for a fiscal year does not include loans contracted by the Minister of Finance for the following fiscal year, nor the portion of advances made to the financing fund established under the Act respecting the Ministère des Finances (chapter M-24.01) and used to fund bodies not subject to the first paragraph of section 89 of the Financial Administration Act (chapter A-6.001) and government enterprises listed in Schedule 3 to that Act.

2010, c. 20, s. 52.