Canadian Agricultural Loans Act
Version of section 7 from 2009-06-18 to 2024-05-01:
Marginal note:Aggregate limit
7 The Minister is not liable under this Act to make any payment to a lender in respect of any loss sustained by it as a result of a loan made by it during a fiscal year after the aggregate principal amount of the loans under this Act made during that fiscal year and the four preceding fiscal years by all lenders exceeds $3 billion, or if another amount has been fixed by the regulations for the purpose of this section, that other amount.
- R.S., 1985, c. 25 (3rd Supp.), s. 7
- 1995, c. 13, s. 1
- 2009, c. 15, s. 8
- Date modified: