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S.M. 1992, c. 18

The Farm Income Assurance Plans Amendment Act

(Assented to June 24, 1992)

HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Manitoba, enacts as follows:

C.C.S.M. c. F30 amended

1

The Farm Income Assurance Plans Act is amended by this Act.

2

The following is added after section 3:

Advances

4(1)

The Minister of Finance, when requested to do so by the minister and with the approval of the Lieutenant Governor in Council, may advance to an account established in respect of a farm income assurance plan such amounts as the minister requests.

No other authority required

4(2)

An advance may be made under subsection (1) without legislative authority or appropriation other than this section.

Terms and conditions

4(3)

An amount advanced under subsection (1) shall be repaid in the manner and on such terms and conditions, including the payment of interest, as the Minister of Finance may fix.

Coming into force

3

This Act comes into force on the day it receives royal assent.