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S-40.1, r. 3 - Regulation respecting programs of activities for offenders

Section 8
Disposition versions

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8. Borrowing by a fund exceeding $25,000 or raising the balance of borrowings to more than $25,000 must be authorized by the Minister or the person designated by the Minister.
A fund must ascertain from the Minister or another fund, as the case may be, that it may not obtain a loan from the central fund or that other fund before borrowing from another lender.
O.C. 6-2007, s. 8; O.C. 51-2018, s. 4.
8. Borrowing by a fund exceeding $25,000 or raising the balance of borrowings to more than $25,000 must be authorized by the Minister.
A fund must ascertain from the Minister or another fund, as the case may be, that it may not obtain a loan from the central fund or that other fund before borrowing from another lender.
O.C. 6-2007, s. 8.
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