Authorization under Nova Scotia Business Incorporated Act Provincial Finance Act — The Governor in Council on the report and recommendation of the Minister of Economic Development dated November 21, 2005, pursuant to Sections 2(a)(b)(e), 6, 16
O.C. 12503/2006
Nova Scotia — Orders in Council
OIC Number: 2006 - 24
Date of Order: Jan 27, 2006
Statute: Nova Scotia Business Incorporated Act Provincial Finance Act
OIC Text: The Governor in Council on the report and recommendation of the Minister of Economic Development dated November 21, 2005, pursuant to Sections 2(a)(b)(e), 6, 16(1)(
b) and (g), and 34(1)(
f) of
Chapter 30 of the Statutes of Nova Scotia, 2000, the Nova Scotia Business Incorporated Act, and Regulations thereunder, Sections 2(1)(o), 9(3) and 9(4), and Sections 59A(
a) and 59C(1) of
Chapter 365 of the Revised Statutes of Nova Scotia, 1989, the Provincial Finance Act, and pursuant to Sections 2(b), 2(c), 3(1)(c), 3(1)(d), and 5 of
Chapter 222 of the Revised Statutes of Nova Scotia, 1989, the Industrial Development Act, is pleased to: (
a) approve financial assistance by way of a payroll rebate to Research In Motion Limited in an amount not to exceed $14,000,000.00 which was authorized by the Board of Directors of Nova Scotia Business Incorporated on November 24, 2005, on terms and conditions generally as outlined in
Schedule "A" annexed to and forming part of the Report and Recommendation of the Minister of Economic Development dated November 21, 2005; (
b) authorize financial assistance to Research In Motion Limited in an amount not to exceed $5,000,000.00 on terms and conditions generally as outlined in
Schedule "B" annexed to and forming part of the Report and Recommendation of the Minister of Economic Development dated November 21, 2005; (
c) authorize the Minister of Economic Development to execute such agreements, documents and instruments as may be required to give effect to this Order.
Department(s): Economic Development (Aug 1999 - Jan 2009)