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S-11.011 - Act respecting the Société de l’assurance automobile du Québec
Section 22
Disposition versions
22. The Government, on such conditions as it determines, may:
(1) guarantee the payment in principal and interest of any loan of the Société;
(2) guarantee the performance of any obligation of the Société;
(3) authorize the Minister of Finance to advance to the Société any amount deemed necessary for the carrying out of this Act, at such rate of interest, for such time and on such other conditions as it may determine.
The sums which the Government may be called upon to pay under such guarantees or to advance to the Société shall be taken out of the Consolidated Revenue Fund.
22. The Government, on such conditions as it determines, may:
(1) guarantee the payment in principal and interest of any loan of the Régie;
(2) guarantee the performance of any obligation of the Régie;
(3) authorize the Minister of Finance to advance to the Régie any amount deemed necessary for the carrying out of this act, at such rate of interest, for such time and on such other conditions as it may determine.
The sums which the Government may be called upon to pay under such guarantees or to advance to the Régie shall be taken out of the consolidated revenue fund.
