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Canada Small Business Financing Regulations (SOR/99-141)

Regulations are current to 2024-03-06 and last amended on 2022-07-04. Previous Versions

 If the non-compliance was inadvertent with respect to an outstanding loan amount referred to in any of paragraphs 4(2)(b) to (e) of the Act or in section 6.1, 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.


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