Canada Small Business Financing Act (S.C. 1998, c. 36)
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Act current to 2023-05-17 and last amended on 2022-07-04. Previous Versions
Marginal note:Annual administration fee
12 Every lender shall, in accordance with the terms and conditions set out in the regulations, pay to the Minister, in respect of a loan, an annual administration fee of an amount calculated in accordance with the regulations. The lender may not charge the borrower for that fee otherwise than through the imposition of interest in respect of the loan.
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