Credit Enhancement Fund Use Regulations

Link to law: http://laws-lois.justice.gc.ca/eng/regulations/SOR-2010-282/FullText.html

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now
Credit Enhancement Fund Use Regulations

SOR/2010-282FIRST NATIONS FISCAL MANAGEMENT ACT
FIRST NATIONS FISCAL AND STATISTICAL MANAGEMENT ACT
Registration 2010-12-03
Credit Enhancement Fund Use Regulations
P.C. 2010-1506 2010-12-02His Excellency the Governor General in Council, on the recommendation of the Minister of Indian Affairs and Northern Development, pursuant to paragraphs 85(3)(c), 85(4)(b) and 89(a) of the First Nations Fiscal and Statistical Management ActFootnote a, hereby makes the annexed Credit Enhancement Fund Use Regulations.
Return to footnote aS.C. 2005, c. 91 In addition to the use permitted under paragraphs 85(3)(a) and (b) and (4)(a) of the First Nations Fiscal and Statistical Management Act, the investment income and capital of the credit enhancement fund may be used to repay any debt arising in respect of any amounts paid to the Authority by Her Majesty the Queen in right of Canada to provision the fund.

2 These Regulations come into force on the day on which they are registered.