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First Nations Fiscal Management Act

Version of section 77 from 2016-04-01 to 2018-12-12:
 


Marginal note:Ceasing to be borrowing member

  • 77 (1) A first nation that has obtained financing secured by property tax revenues may cease to be a borrowing member only with the consent of all other borrowing members that have obtained financing secured by such revenues.

  • Marginal note:Ceasing to be borrowing member

    (2) A first nation that has obtained financing secured by other revenues may cease to be a borrowing member only with the consent of all other borrowing members that have obtained financing secured by such other revenues.

  • 2005, c. 9, s. 77
  • 2015, c. 36, s. 195

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