P-21 - Student Loans and Scholarships Act

Section 1 Disposition versions

1989-03-15

1. In this Act and in the regulations, unless the context indicates a different meaning, the following expressions mean:

(a)  “approved loan” : a loan granted by a credit institution to a student in conformity with this Act, the regulations and the certificate, for an amount not exceeding that mentioned in the certificate;

(b)  “scholarship” : pecuniary assistance granted gratuitously to a student by the Minister;

(c)  “student” : a person enrolled in an educational institution at the post-secondary level who is recognized as a student by the regulations;

(d)  “certificate” : a certificate issued by the Minister under section 2;

(e)  “credit institution” : a bank within the meaning of the Bank Act (Revised Statutes of Canada, 1985, chapter B-1) or the Québec Savings Banks Act (Revised Statutes of Canada, 1970, chapter B-4), a savings and credit union governed by the Savings and Credit Unions Act (chapter C-4.1) and any other corporation qualified to make loans and recognized by the Minister as a credit institution for the purposes of this Act;

(f)  “Minister” : the Minister of Higher Education and Science;

(g)  “regulations” : the regulations made under this Act.

1966-67, c. 70, s. 1; 1976, c. 37, s. 1; 1985, c. 21, s. 96; 1988, c. 41, s. 88; 1988, c. 64, s. 587.

1988-12-12

1. In this Act and in the regulations, unless the context indicates a different meaning, the following expressions mean:

(a)  “approved loan” : a loan granted by a credit institution to a student in conformity with this Act, the regulations and the certificate, for an amount not exceeding that mentioned in the certificate;

(b)  “scholarship” : pecuniary assistance granted gratuitously to a student by the Minister;

(c)  “student” : a person enrolled in an educational institution at the post-secondary level who is recognized as a student by the regulations;

(d)  “certificate” : a certificate issued by the Minister under section 2;

(e)  “credit institution” : a bank within the meaning of the Bank Act (Revised Statutes of Canada, 1985, chapter B-1) or the Québec Savings Banks Act (Revised Statutes of Canada, 1970, chapter B-4), a savings and credit union governed by the Savings and Credit Unions Act (chapter C-4) and any other corporation qualified to make loans and recognized by the Minister as a credit institution for the purposes of this Act;

(f)  “Minister” : the Minister of Higher Education and Science;

(g)  “regulations” : the regulations made under this Act.

1966-67, c. 70, s. 1; 1976, c. 37, s. 1; 1985, c. 21, s. 96; 1988, c. 41, s. 88.

1985-07-15

1. In this Act and in the regulations, unless the context indicates a different meaning, the following expressions mean:

(a)  “approved loan” : a loan granted by a credit institution to a student in conformity with this Act, the regulations and the certificate, for an amount not exceeding that mentioned in the certificate;

(b)  “scholarship” : pecuniary assistance granted gratuitously to a student by the Minister;

(c)  “student” : a person enrolled in an educational institution at the post-secondary level who is recognized as a student by the regulations;

(d)  “certificate” : a certificate issued by the Minister under section 2;

(e)  “credit institution” : a bank within the meaning of the Bank Act (Statutes of Canada) or the Québec Savings Banks Act (Statutes of Canada), a savings and credit union governed by the Savings and Credit Unions Act (chapter C-4) and any other corporation qualified to make loans and recognized by the Minister as a credit institution for the purposes of this Act;

(f)  “Minister” : the Minister of Higher Education, Science and Technology;

(g)  “regulations” : the regulations made under this Act.

1966-67, c. 70, s. 1; 1976, c. 37, s. 1; 1985, c. 21, s. 96.

1977-12-31

1. In this Act and in the regulations, unless the context indicates a different meaning, the following expressions mean:

(a)  “approved loan” : a loan granted by a credit institution to a student in conformity with this Act, the regulations and the certificate, for an amount not exceeding that mentioned in the certificate;

(b)  “scholarship” : pecuniary assistance granted gratuitously to a student by the Minister;

(c)  “student” : a person enrolled in an educational institution at the post-secondary level who is recognized as a student by the regulations;

(d)  “certificate” : a certificate issued by the Minister under section 2;

(e)  “credit institution” : a bank within the meaning of the Bank Act (Statutes of Canada) or the Québec Savings Banks Act (Statutes of Canada), a savings and credit union governed by the Savings and Credit Unions Act (chapter C-4) and any other corporation qualified to make loans and recognized by the Minister as a credit institution for the purposes of this Act;

(f)  “Minister” : the Minister of Education;

(g)  “regulations” : the regulations made under this Act.

1966-67, c. 70, s. 1; 1976, c. 37, s. 1.