I-14 - The Education Act for Cree, Inuit and Naskapi Native Persons

Section 217 Disposition versions

1990-10-18

217. Notwithstanding any inconsistent provision of any general or special Act or special charter, every school board may, with the authorization of the Minister and according to such modalities, terms and conditions as he may determine, borrow money through any mode recognized by law.

The school board shall, at the request of the Minister, provide him, either directly or through the intermediary of the financial institutions with which it does business, with any information concerning its financial situation.

R. S. 1964, c. 235, s. 229; 1981, c. 27, s. 3; 1982, c. 58, s. 33; 1989, c. 36, s. 279; 1990, c. 35, s. 16.

1982-12-16

217. Notwithstanding any inconsistent provision of any general or special Act or special charter, every school corporation may, with the authorization of the Minister and according to such modalities, terms and conditions as he may determine, borrow money through any mode recognized by law.

The school corporation shall, at the request of the Minister, provide him, either directly or through the intermediary of the financial institutions with which it does business, with any information concerning its financial situation.

R. S. 1964, c. 235, s. 229; 1981, c. 27, s. 3; 1982, c. 58, s. 33.

1982-03-08

217. Every school corporation may, with the authorization of the Minister and according to such modalities, terms and conditions as he may determine, borrow money through any mode recognized by law.

The school corporation shall, at the request of the Minister, provide him, either directly or through the intermediary of the financial institutions with which it does business, with any information concerning its financial situation.

R. S. 1964, c. 235, s. 229; 1981, c. 27, s. 3.

1977-12-31

217. Any school corporation may, with the authorization of the Government, upon the report of the Minister of Municipal Affairs and the recommendation of the Minister of Education, consolidate the debts by it lawfully contracted or to be contracted, and stipulate for the payment thereof by annuities covering a period of not more than fifty years.

Such annuities shall include the interest and the portion of the capital which is to be paid yearly to extinguish the debt at the date agreed upon.

Such corporation may, with the authorization of the Minister of Municipal Affairs, and upon the recommendation of the Minister of Education, issue, for the payment of such annuities, debentures maturing every six months or every year until the loan is paid off.

R. S. 1964, c. 235, s. 229.