Art. 61 Federal credits
1 The FOEN shall grant the canton global loans to cover the payment of investment credits. The loans shall be interest free and repayable over 20 years. 2 The canton shall notify the FOEN each year of its probable borrowing requirements for the coming year. 3 The available funds are allocated according to demand.90 90 Amended by No I 21 of the O of 7 Nov. 2007 on the New System of Financial Equalisation and Division of Tasks between the Confederation and the Cantons, in force since 1 Jan. 2008 (AS 2007 5823). |