Canadian Agricultural Loans Regulations
Version of section 6 from 2006-03-22 to 2014-02-27:
6 Subject to paragraphs 4(3)(c) and 6(2)(c) of the Act, the amount of a loan for any of the purposes set out in paragraphs 4(1)(a) to (h) and 6(1)(a) to (d) of the Act may not exceed the lesser of
(a) 80% of the appraised value of the property in respect of which the loan is made, or
(b) the cost of acquisition of the property.
- Date modified: