OIC Number: 2025 - 278

Date of Order: Oct 07, 2025

Statute: Fisheries and Coastal Resources Act

OIC Text: The Governor in Council on the report and recommendation of the Minister of Fisheries and Aquaculture dated August 23, 2025, and pursuant to

Section 42 of

Chapter 25 of the Acts of 1996, the Fisheries and Coastal Resources Act , is pleased to amend the Fisheries and Aquaculture Loan Board Regulations , N.S.

Reg. 207/2018, made by the Governor in Council by Order in Council 2018-308 dated December 4, 2018, to provide greater flexibility in loan offerings, reduce loan processing times, and further align the operation of the Fisheries and Aquaculture Loan Board (the “Board”) with the Farm Loan Board and the Timber 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): Fisheries and Aquaculture