S-11.0101 - Act respecting the Société de financement agricole

Section 29 Disposition versions

1993-06-17

29. The Government may, on the conditions it determines,

(1)  authorize the corporation to borrow sums of money by way of notes, bonds or other securities;

(2)  guarantee payment of any sum borrowed by the corporation and any obligation thereof;

(3)  authorize the Minister of Finance to advance to the corporation any amount deemed necessary to meet its obligations or to perform its duties and exercise its powers;

The sums required for the purposes of subparagraphs 2 and 3 of the first paragraph are taken out of the consolidated revenue fund.

1992, c. 32, s. 29.