Government of Canada / Gouvernement du Canada
Symbol of the Government of Canada


Canada Student Financial Assistance Regulations

Version of section 40 from 2006-03-22 to 2009-07-31:

  •  (1) The Minister shall pay to the appropriate authority or other body authorized by the Minister for a province the amount it requires to make Canada Study Grants to qualifying students for a loan year under this Part.

  • (2) Each appropriate authority or other body shall provide to the Minister at the end of each loan year, or on request of the Minister during a loan year, an accounting of all grants made to qualifying students by that appropriate authority or other body during that loan year or other period identified by the Minister.

  • (3) An appropriate authority or other body shall repay to the Minister any money provided for a loan year that is not given as grants in accordance with this Part. The overpayment shall become a debt due to Her Majesty in right of Canada on the day after the last day of that loan year.

  • SOR/96-368, s. 28
  • SOR/98-402, s. 10
  • SOR/2002-219, s. 5
  • SOR/2005-47, s. 2

Date modified: