9

 


 

First Session, 48th General Assembly

65 Elizabeth II, 2016

BILL 9

AN ACT TO AMEND THE LOAN ACT, 2015

Received and Read the First Time.................................................................................................

Second Reading.................................................................................................................................

Committee..........................................................................................................................................

Third Reading.....................................................................................................................................

Royal Assent......................................................................................................................................

HONOURABLE CATHY BENNETT

Minister of Finance and President of Treasury Board

Ordered to be printed by the Honourable House of Assembly

EXPLANATORY NOTE

This Bill would authorize the Lieutenant-Governor in Council to increase the amount of money raised under the Loan Act, 2015 from a maximum amount of "$2,000,000,000" to a maximum amount of "$2,400,000,000".

A BILL

AN ACT TO AMEND THE LOAN ACT, 2015

Analysis


        1.   S.3 Amdt.
Limitation


Be it enacted by the Lieutenant-Governor and House of Assembly in Legislative Session convened, as follows:

SNL2015 c12

        1. Section 3 of the Loan Act, 2015 is amended by deleting the amount "$2,000,000,000" and substituting the amount "$2,400,000,000".