Government of Canada / Gouvernement du Canada
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Canada Small Business Financing Regulations

Version of section 25.4 from 2016-02-19 to 2022-07-03:

 If the non-compliance was inadvertent with respect to an outstanding loan amount referred to in any of paragraphs 4(2)(b) to (d) of the Act, the Minister must pay the lender the amount of any loss, calculated in accordance with subsection 38(7), on the portion of the amount of the principal outstanding on the loan to which the non-compliance does not relate.

  • SOR/2014-7, s. 16
  • SOR/2016-18, s. 6

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