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C-78 - Forestry Credit Act

Section 32
Disposition versions

Full text
32. The agency may acquire and possess the property securing a loan where the protection of the loan so requires. It may sell the movable property or otherwise dispose of it for valuable consideration. It may also sell the immovable property, dispose of it otherwise for valuable consideration or transfer the ownership of it to the Government upon the recommendation of the Minister.
1975, c. 33, s. 32; 1977, c. 5, s. 14; 1999, c. 40, s. 97; 2000, c. 53, s. 66.
32. The Bureau may acquire and possess the property securing a loan where the protection of the loan so requires. It may sell the movable property or otherwise dispose of it for valuable consideration. It may also sell the immovable property, dispose of it otherwise for valuable consideration or transfer the ownership of it to the Government upon the recommendation of the Minister.
1975, c. 33, s. 32; 1977, c. 5, s. 14; 1999, c. 40, s. 97.
32. The Bureau may acquire and possess the movable and immovable property securing a loan where the protection of the loan so requires. It may sell the movable property or otherwise dispose of it for valuable consideration. It may also sell the immovable property, dispose of it otherwise for valuable consideration or transfer the ownership of it to the Government upon the recommendation of the Minister.
1975, c. 33, s. 32; 1977, c. 5, s. 14.
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