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First Nations Fiscal Management Act

Version of section 81 from 2023-06-20 to 2024-11-26:


Marginal note:Limitations — short-term loans

 The Authority shall not make a loan that has a term of less than one year to a borrowing member for a purpose described in subparagraph 74(a)(ii) unless the loan is made in anticipation of local revenues set out in a law made by the borrowing member under paragraph 5(1)(b).

  • 2005, c. 9, s. 81
  • 2023, c. 16, s. 39

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