S-5 - Act respecting health services and social services for Cree Native persons

Section 178.0.2 Disposition versions

2016-05-18

178.0.2. The Minister may, under such terms and conditions as he may determine, grant, on behalf of the Government, a subsidy to any regional council or public institution in order to provide, in whole or in part, out of the funds voted annually for such purpose by Parliament, for the payment in principal and interest of any loan contracted or to be contracted by the regional council or public institution.

The Minister may entrust to the Minister of Finance the management of all amounts intended for the payment in principal of the debentures issued by a regional council or a public institution, in order to constitute a sinking fund for the purposes of paying out of such amounts, at the maturities under the terms of the loan, the principal of the debentures and, out of the proceeds or revenue of the fund, the loans of any regional council or public institution.

The second paragraph applies only to loans contracted before 1 April 1991.

1982, c. 58, s. 75; 1990, c. 66, s. 12; 1992, c. 21, s. 353, s. 375; 2016, c. 7, s. 183.

1992-10-01

178.0.2. The Minister may, under such terms and conditions as he may determine, grant, on behalf of the Government, a subsidy to any regional council or public institution in order to provide, in whole or in part, out of the funds voted annually for such purpose by Parliament, for the payment in principal and interest of any loan contracted or to be contracted by the regional council or public institution.

The Minister may deposit in the hands of the Minister of Finance, to be managed by him, all amounts intended for the payment in principal of the debentures issued by a regional council or a public institution, in order to constitute a sinking fund for the purposes of paying out of such amounts, at the maturities under the terms of the loan, the principal of the debentures and, out of the proceeds or revenue of the fund, the loans of any regional council or public institution.

The second paragraph applies only to loans contracted before 1 April 1991.

1982, c. 58, s. 75; 1990, c. 66, s. 12; 1992, c. 21, s. 353, s. 375.

1990-12-20

178.0.2. The Minister may, under such terms and conditions as he may determine, grant, on behalf of the Government, a subsidy to any regional council or public establishment in order to provide, in whole or in part, out of the funds voted annually for such purpose by the Legislature, for the payment in principal and interest of any loan contracted or to be contracted by the regional council or public establishment.

The Minister may deposit in the hands of the Minister of Finance, to be managed by him, all amounts intended for the payment in principal of the debentures issued by a regional council, a public establishment or a corporation contemplated in section 178.1, in order to constitute a sinking fund for the purposes of paying out of such amounts, at the maturities under the terms of the loan, the principal of the debentures and, out of the proceeds or revenue of the fund, the loans of any regional council or public establishment or of the corporation contemplated in section 178.1.

The second paragraph applies only to loans contracted before 1 April 1991.

1982, c. 58, s. 75; 1990, c. 66, s. 12.

1984-01-18

178.0.2. The Minister may, under such terms and conditions as he may determine, grant, on behalf of the Government, a subsidy to any regional council or public establishment in order to provide, in whole or in part, out of the funds voted annually for such purpose by the Legislature, for the payment in principal and interest of any loan contracted or to be contracted by the regional council or public establishment.

The Minister may deposit in the hands of the Minister of Finance, to be managed by him, all amounts intended for the payment in principal of the debentures issued by a regional council, a public establishment or a corporation contemplated in section 178.1, in order to constitute a sinking fund for the purposes of paying out of such amounts, at the maturities under the terms of the loan, the principal of the debentures and, out of the proceeds or revenue of the fund, the loans of any regional council or public establishment or of the corporation contemplated in section 178.1.

1982, c. 58, s. 75.