Freshwater Fish Marketing Act
Version of section 16 from 2006-06-22 to 2024-06-11:
Marginal note:Minister of Finance may guarantee borrowing by and make loans to Corporation
16 (1) For the purpose of enabling the Corporation to carry on its operations under this Act, the Governor in Council may authorize the Minister of Finance, on such terms and conditions as may be agreed on,
(a) to guarantee repayment of loans, and interest thereon, made by any bank to the Corporation; and
(b) to make loans to the Corporation.
Marginal note:Limitation
(2) The aggregate outstanding at any time of the amounts borrowed by the Corporation pursuant to paragraph 7(g) and the amounts lent by the Minister of Finance under this section shall not exceed fifty million dollars.
- R.S., 1985, c. F-13, s. 16
- 2006, c. 4, s. 216
- Date modified: