S-16.01 - Act respecting the Société du parc industriel et portuaire Québec-Sud

Section 14 Disposition versions

1977-12-31

14. The Government may, on the conditions it determines:

(a)  guarantee payment in capital and interest of any loan contracted by the Société and the carrying out of any obligation of the Société;

(b)  authorize the Minister of Finance to advance to the Société any amount considered necessary for the operations of the Société at the rate of interest, for the time and on the other conditions determined by the Government.

The amounts that the Government may be called on to pay under such guarantees or to advance to the Société are taken out of the consolidated revenue fund.

1974, c. 57, s. 14; 1977, c. 5, s. 14.