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S-14.1 - Act respecting the Société du Palais des congrès de Montréal

Section 23
Disposition versions

Full text
23. The Government may
(1)  undertake, on such conditions as it may fix, to meet the temporary needs of the Société for liquid assets in such a manner as to enable it to ensure, at maturity, the repayment of the capital and the payment of the interest on any loan contracted by the Société;
(2)  authorize the Minister of Finance to advance to the Société any amount deemed necessary to carry out this Act, at such rate of interest, for such period of time, and on such other conditions as it may fix;
(3)  guarantee, on such conditions as it may fix, the payment in capital and interest of any loan or other obligation contracted by the Société.
1981, c. 6, s. 23; 1999, c. 40, s. 289.
23. The Government may
(1)  undertake, on such conditions as it may fix, to meet the temporary needs of the corporation for liquid assets in such a manner as to enable it to ensure, at maturity, the repayment of the capital and the payment of the interest on any loan contracted by the corporation;
(2)  authorize the Minister of Finance to advance to the corporation any amount deemed necessary to carry out this Act, at such rate of interest, for such period of time, and on such other conditions as it may fix;
(3)  guarantee, on such conditions as it may fix, the payment in capital and interest of any loan or other obligation contracted by the corporation.
1981, c. 6, s. 23.
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