OIC Number: 2025 - 276

Date of Order: Oct 07, 2025

Statute: Forests Act

OIC Text: The Governor in Council on the report and recommendation of the Minister of Agriculture dated August 27, 2025, and pursuant to Sections 20 and 40 of

Chapter 179 of the Revised Statutes of Nova Scotia, 1989, the Forests Act , is pleased to amend the Timber Loan Board Regulations , N.S.

Reg. 141/2020, made by the Governor in Council by Order in Council 2020-264 dated October 6, 2020, to provide greater flexibility in loan offerings, reduce loan processing times, and further align the operation of the Timber Loan Board (the “Board”) with the Fisheries and Aquaculture Loan Board and the Farm Loan Board by increasing the amount of total indebtedness to the Board that would require Governor in Council approval, adjusting tables of fees payable to the Board, and by making other amendments relating to the processing and management of Board loans, in the manner set forth in

Schedule “A” attached to and forming part of the Report and Recommendation, effective on and after October 7, 2025.

Department(s): Agriculture