Marginal note:Indebtedness to Director of Veterans’ Land Act
16 For the purpose of ensuring continued occupancy by a recipient of a home acquired by the recipient under the Veterans’ Land Act, chapter V-4 of the Revised Statutes of Canada, 1970, the Minister may, with the consent in writing of the recipient, enter into an arrangement with The Director, The Veterans’ Land Act to pay to that Director out of the recipient’s allowance an amount not exceeding the amount of principal and interest, calculated on a monthly basis, as provided in the recipient’s agreement of sale with The Director, The Veterans’ Land Act to be applied against the indebtedness of the recipient under the Veterans’ Land Act.
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