C.R.C., c. 94920196

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INDIAN ACTIndian Band Council Borrowing RegulationsRegulations Respecting the Borrowing of Money by Councils of Bands and the Disposition of Such MoneysShort Title

1These Regulations may be cited as the Indian Band Council Borrowing Regulations.

General

2The 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.