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

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509. The Minister of Education, Recreation and Sports may, under such terms and conditions as he may determine, grant, on behalf of the Government, a subsidy to the Conseil scolaire de l’île de Montréal in order to provide, in whole or in part, out of the funds voted annually for such purposes by Parliament, for the payment in principal and interest of any loan contracted or to be contracted by the Council.
Section 13 does not apply to a subsidy contemplated in the first paragraph.
1976, c. 39, s. 2; 1981, c. 27, s. 16; 1982, c. 32, s. 114; 1993, c. 51, s. 72; 1994, c. 16, s. 50; 2005, c. 28, s. 195.
509. The Minister of Education may, under such terms and conditions as he may determine, grant, on behalf of the Government, a subsidy to the Conseil scolaire de l’île de Montréal in order to provide, in whole or in part, out of the funds voted annually for such purposes by Parliament, for the payment in principal and interest of any loan contracted or to be contracted by the Council.
Section 13 does not apply to a subsidy contemplated in the first paragraph.
1976, c. 39, s. 2; 1981, c. 27, s. 16; 1982, c. 32, s. 114; 1993, c. 51, s. 72; 1994, c. 16, s. 50.
509. The Minister of Education and Science may, under such terms and conditions as he may determine, grant, on behalf of the Government, a subsidy to the Conseil scolaire de l’île de Montréal in order to provide, in whole or in part, out of the funds voted annually for such purposes by the Legislature, for the payment in principal and interest of any loan contracted or to be contracted by the Council.
Section 13 does not apply to a subsidy contemplated in the first paragraph.
1976, c. 39, s. 2; 1981, c. 27, s. 16; 1982, c. 32, s. 114; 1993, c. 51, s. 72.
509. The Minister of Education may, under such terms and conditions as he may determine, grant, on behalf of the Government, a subsidy to the Conseil scolaire de l’île de Montréal in order to provide, in whole or in part, out of the funds voted annually for such purposes by the Legislature, for the payment in principal and interest of any loan contracted or to be contracted by the Council.
Section 13 does not apply to a subsidy contemplated in the first paragraph.
1976, c. 39, s. 2; 1981, c. 27, s. 16; 1982, c. 32, s. 114.
509. The Minister of Education may, under such terms and conditions as he may determine, grant, on behalf of the Government, a subsidy to the Conseil scolaire de l’île de Montréal in order to provide, in whole or in part, out of the funds voted annually for such purposes by the Legislature, for the payment in principal and interest of any loan contracted or to be contracted by the Council.
1976, c. 39, s. 2; 1981, c. 27, s. 16.
509. The rate of interest granted by the Council on its borrowings or the discount rate granted on the notes or other commercial instruments issued by the Council shall not be in excess of that fixed in virtue of section 50 of the Act respecting municipal and school debts and loans (chapter D-7).
1976, c. 39, s. 2.