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Canadian Agricultural Loans Regulations

Version of section 17 from 2006-03-22 to 2014-02-27:

  •  (1) A lender shall pay to the Minister at the time of registration of a loan a fee in the amount of 0.85% of the amount of every loan.

  • (2) A lender may charge a borrower an administration charge in respect of a loan up to a maximum amount of

    • (a) the lesser of 0.25% of the loan principal or $250, if the loan is for less than $250,000; and

    • (b) 0.1% of the loan principal, if the loan is for $250,000 or more.

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