Indian Band Council Borrowing Regulations (C.R.C., c. 949)

Regulations are current to 2017-11-20

Indian Band Council Borrowing Regulations

C.R.C., c. 949

INDIAN ACT

Regulations Respecting the Borrowing of Money by Councils of Bands and the Disposition of Such Moneys

Short Title

 These Regulations may be cited as the Indian Band Council Borrowing Regulations.

General

 The council of a band may borrow money for band projects or housing purposes and may make loans out of moneys so borrowed to members of the band for housing purposes, on such terms and conditions as may be determined by the council.

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