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First Nations Fiscal Management Act

Version of section 77 from 2018-12-13 to 2024-11-26:


Marginal note:Ceasing to be borrowing member

  •  (1) A First Nation that has obtained financing secured by property tax revenues may cease to be a borrowing member only with the consent of all other borrowing members that have obtained financing secured by such revenues.

  • Marginal note:Ceasing to be borrowing member

    (2) A First Nation that has obtained financing secured by other revenues may cease to be a borrowing member only with the consent of all other borrowing members that have obtained financing secured by such other revenues.

  • 2005, c. 9, s. 77
  • 2015, c. 36, s. 195
  • 2018, c. 27, s. 414(E)

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