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

Version of section 40 from 2006-03-22 to 2009-03-31:

 When the Minister pays a lender for loss sustained by it as a result of a loan, Her Majesty is subrogated, from the payment of the final claim for the loss, to the rights of the lender, up to the amount paid by the Minister.

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