C-78 - Forestry Credit Act

Full text
14. The purposes of a loan granted under section 13 must be the following:
(1)  purchase of forest seeds and plants;
(2)  purchase or repair of forest machinery, equipment or implements;
(3)  purchase or improvement of sugary material or equipment;
(4)  improvement to the borrower’s forest;
(5)  protection of the forest against deteriorative agents;
(6)  purchase, construction or improvement of buildings.
One or another of the borrowing purposes provided for in this section may, for the purposes of its application, be defined or listed in a regulation.
1975, c. 33, s. 14.