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Financial Administration Act

Version of section 54 from 2007-10-26 to 2024-05-01:


Marginal note:Borrowed money and interest

 The repayment of all money borrowed and interest on that money, including the principal of and interest on all securities issued by or on behalf of Her Majesty with the authority of Parliament, is a charge on and payable out of the Consolidated Revenue Fund.

  • R.S., 1985, c. F-11, s. 54
  • 2007, c. 29, s. 88

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