S-18.2.1 - Act respecting the Société québécoise d’assainissement des eaux

Section 33 Disposition versions

1999-10-22

33. The Government may

(1)  undertake, on such conditions as it may fix, to fill 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, the payment of the interest and, where applicable, the contributions to the sinking funds in respect of loans contracted under section 31;

(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, not exceeding two years, and on such other conditions as it may fix;

(3)  authorize the Minister of Finance, on such terms and conditions as it may fix, to establish a working fund not exceeding $500,000 on behalf of the Société for the expenditures necessary to carry out the objects of the Société;

(4)  guarantee, on such conditions as it may fix, the payment in capital and interest on any loan or other obligation contracted by the Société.

1980, c. 10, s. 33; 1999, c. 40, s. 298.

1980-06-18

33. The Government may

(1)  undertake, on such conditions as it may fix, to fill 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, the payment of the interest and, where applicable, the contributions to the sinking-funds in respect of loans contracted under section 31;

(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, not exceeding two years, and on such other conditions as it may fix;

(3)  authorize the Minister of Finance, on such terms and conditions as it may fix, to establish a working fund not exceeding $500 000 on behalf of the corporation for the expenditures necessary to carry out the objects of the corporation;

(4)  guarantee, on such conditions as it may fix, the payment in capital and interest on any loan or other obligation contracted by the corporation.

1980, c. 10, s. 33.