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Second
Session, 48th General Assembly 66
Elizabeth II, 2017 |
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AN ACT TO AMEND THE LOAN |
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Received and Read the First Time................................................................................................. |
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Second |
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Committee.......................................................................................................................................... |
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Third |
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Royal Assent...................................................................................................................................... |
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HONOURABLE
CATHY BENNETT Minister of Finance and President of Treasury Board |
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Ordered
to be printed by the Honourable House of Assembly |
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EXPLANATORY NOTES This Bill would amend the Schedule to The Loan and Guarantee Act, 1957. Order in Council 2017-157 authorized a guarantee to secure certain obligations of Corner Brook Pulp and Paper Limited under a letter of credit up to $88 million with no expiry date. The guarantee agreement has not yet been executed so the date of issue cannot be provided at this time. |
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A AN ACT TO
AMEND THE LOAN Analysis 1. Schedule Amdt. Be it enacted by the Lieutenant-Governor and House of Assembly in Legislative Session convened, as follows: 1957 No.70 1. The Schedule to The Loan and Guarantee Act, 1957 is amended by adding the following:
©Queens Printer |