A-29.1, r. 1 - Regulation respecting the application of the Act respecting farm-loan insurance and forestry-loan insurance

Section 2 Disposition versions

2012-09-01

2. The agency shall pay to the Fonds d’assurance-prêts agricoles et forestiers the following amounts as insurance charges for each financial year of the Fonds:

(1)  in the case of loans granted under the Programme de financement de l’agriculture (Decision 46, 01-09-14) and the Program for farm financing (O.C. 699-95), where the first disbursement was made during the preceding fiscal year, an amount equal to 1.43% of the total amount of the loans;

(2)  where a line of credit is granted under the Programme de financement de l’agriculture established by the agency by resolution 46 dated 14 September 2001, the Program for farm financing (O.C. 699-95), the Farm Financing Program (O.C. 697-93) or the Act respecting farm financing (chapter F-1.2), an amount equal to 1.25% of the aggregate balance of the lines of credit on 31 March of the preceding fiscal year.

The Government shall pay to the Fonds, as insurance charges, for each fiscal year of the Fonds, an amount equal to 1.43% of the total amount of the loans granted under the Regulation respecting the Forest Management Funding Program (chapter A-18.1, r. 9) or the Forest Management Funding Program (O.C. 384-97, 97-03-26) established under the Forest Act (chapter F-4.1) where the first disbursement was made during the preceding fiscal year.

R.R.Q., 1981, c. A-29.1, r. 1, s. 2; O.C. 130-92, s. 1; O.C. 698-93, s. 2; O.C. 700-95, s. 1; O.C. 385-97, s. 1; O.C. 1377-2000, s. 1; O.C. 206-2002, s. 1; O.C. 258-2006, s. 1.