Français

C.C.S.M. c. C155

The Communities Economic Development Fund Act

Back to the Act

1(1) Definitions
(2) Registered common-law relationship
2 Continuation of fund
3(1) Object of fund
(2) Fund may provide financial and other assistance
(3) Types of assistance
(4) Assistance provided with others
4(1) Assistance from public and Government of Canada
(2) Approval of conditions
5 Board
6(1) Chairperson
(2) Remuneration to directors
7(1) Power to provide financial assistance
(2) Power respecting corporation
(3) Fund may acquire personal property
(4) Acquisition and lease of property
(5) Fund may establish corporations
8(1) Forms of financial assistance
(2) Considerations re financial assistance
9(1)
(2) Encouragement of assistance from other institutions
(3)
(4) Interest rates on financial assistance
(5) Repayment of loans
(6)
(7) Compliance with Act
(8) Reports as to borrowers, etc.
(9) Technical and professional assistance
(10) Information from applicant for financial assistance
10(1) Supervision of financial assistance
(2) Record of supervision of financial assistance
(3) Powers of board where money misapplied
(4) Audit of affairs of borrower
11 Sale of mortgaged security
12 Fund to obtain progress reports
13 Advances to protect security
14 Acting chairperson
15(1) Board to supervise fund
(1.1) Disallowance of by-law by minister
(2) Limit respecting financial assistance
(3) Appointment of directors of corporate borrowers
(4)
(5)
(6) Decision as to interest
(7) Disclosure of facts by directors
(8) Offence and penalty
16(1) Appointment of general manager and c.e.o.
(2) Duties of general manager and c.e.o.
17(1) Shares in companies
(2) Qualifying shares in companies
(3) Transfer of qualifying shares in companies
(4) Transfer of shares in subsidiary company
18 Fiscal year
19 Audit
20 Fund an agency of Crown
21(1) Acquisition of property
(2) Disposal of property
(3)
(4) Acceptance of certificate by district registrar
22(1) Annual reports
(2) Further reports
(3) Quarterly financial statements
(3.1) Tabling of statements in the Assembly
(3.2) Available to public
(4) Special reports respecting loan
23(1) Production of information for assembly
(2) Production on most recent audited statement
24(1) Regulations
(2) Publication, etc.
25 Application of Securities Act
26(1) Application of other Acts
(2) General capacity
(3) Taking security
(4) Exercise of rights, etc.
(5) Acts to prevail
(6)
27 Penalty
28(1) Limitation on liability
(2) Fund's director of corporate borrower
29 Moneys required by fund