470. The Minister may withhold or cancel the whole or part of the amount of a subsidy intended for a regional board, a public institution, a private institution under agreement, a community organization or an accredited private resource where it refuses or neglects to comply with a provision of this Act or the regulations applicable to it. A regional board may exercise the same powers with regard to subsidies intended for the institutions, community organizations and accredited private resources of its region.
The Minister cannot, however, withhold or cancel a subsidy granted under section 468 for the payment in capital and interest of any duly authorized loan obtained by a regional board or public institution.