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V-1.1 - Securities Act

Section 330.8
Disposition versions

Full text
330.8. (Repealed).
1997, c. 36, s. 6; 2002, c. 45, s. 687.
330.8. The Government may, on the conditions it determines,
(1)  guarantee the payment in principal and interest of any borrowing of the Commission;
(2)  guarantee the performance of any other obligation of the Commission;
(3)  authorize the Minister of Finance to advance to the Commission any sum of money considered necessary for the carrying out of this Act, on the conditions he determines.
Any sum of money that the Government may be called upon to pay pursuant to such guarantees or to advance to the Commission shall be taken out of the consolidated revenue fund.
1997, c. 36, s. 6.
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