S-16.001 - Act respecting the Société du parc industriel et portuaire de Bécancour

Section 25 Disposition versions

1990-10-25

25. The Government may, on the terms and conditions it determines,

(1)  guarantee payment in capital and interest of any loan contracted by the Société and the performance of its other obligations;

(2)  authorize the Minister of Finance to advance to the Société any amount deemed necessary for the pursuit of its object;

(3)  grant the Société a subsidy to provide for its obligations.

The sums required for the carrying out of subparagraphs 1 and 2 of the first paragraph are taken out of the Consolidated Revenue Fund.

1990, c. 42, s. 25.