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Budget Implementation Act, 1998

Version of section 26 from 2003-01-01 to 2010-10-19:

Marginal note:Ten year period

 Subject to the amounts required to pay the costs and expenses of carrying on its business and affairs, the Foundation shall make every reasonable effort to grant the amount paid to it under section 46, and any income arising from the investment of the amount, as scholarships over a ten year period beginning on the day the Foundation grants its first scholarship.

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