Financial Administration Act

Version of section 54 from 2003-01-01 to 2007-10-25:

Marginal note:Borrowed money and interest

 The payment of all money borrowed and interest thereon and of the principal of and interest on all securities issued by or on behalf of Her Majesty with the authority of Parliament is a charge on and payable out of the Consolidated Revenue Fund.

  • R.S., c. F-10, s. 45.
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