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S.M. 1996, c. 1

THE LOAN ACT, 1996


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Table of Contents

1 Definition
2 Power to borrow
3(1) Limit on borrowing
(2) Limitation thereon
(3) Abatement of authority
4(1) Power to expend
(2) Existing expenditure authority
(3) Lapse of expenditure authority
5 Recital in Orders-in-Council
6 Interest rate
7(1) Additional expenditure authority
(2) Amounts to be reported
(3) Cancellation
8 Use of money advanced
9 Saving clause
10 Guarantee of corporations' securities
11(1) Establishment of loan funds
(2) Authority for expenditure
12 Supplementary powers
13 Coming into force