Authorization under Nova Scotia Jobs Fund Act — transfer up to Sixty Six Million, Five Hundred Thousand Dollars ($66,500,000.00)
O.C. 16125/2012
Nova Scotia — Orders in Council
OIC Number: 2012 - 264
Date of Order: Aug 20, 2012
Statute: Nova Scotia Jobs Fund Act
OIC Text: The Governor in Council on the report and recommendation of the Minister of Economic and Rural Development and Tourism dated July 25, 2012, and pursuant to Sections 3 and 5 of
Chapter 40 of the Acts of 2011, the Nova Scotia Jobs Fund Act, is pleased to: (
a) authorize a transfer to the Nova Scotia Jobs Fund and charge to the Capital Account an amount not to exceed Sixty Six Million, Five Hundred Thousand Dollars ($66,500,000.00); and (
b) provide investment to Pacific West Commercial Corporation in an amount not to exceed Sixty Six Million, Five Hundred Thousand Dollars ($66,500,000.00), on terms and conditions generally as outlined in
Schedule "A" attached to and forming part of the Report and Recommendation of the Minister of Economic and Rural Development and Tourism dated July 25, 2012.
Department(s): Economic and Rural Development and Tourism (2011-2015)