Order under Agriculture and Rural Credit Act — The Governor in Council on the report and recommendation of the Minister of Agriculture dated July 27, 2006, pursuant to Sections 7 and 8 of Chapter 7 of the Re
O.C. 12853/2006
Nova Scotia — Orders in Council
OIC Number: 2006 - 373
Date of Order: Aug 17, 2006
Statute: Agriculture and Rural Credit Act
OIC Text: The Governor in Council on the report and recommendation of the Minister of Agriculture dated July 27, 2006, pursuant to Sections 7 and 8 of
Chapter 7 of the Revised Statutes of Nova Scotia, 1989, the Agriculture and Rural Credit Act, and Sections 10 and 13 of the Nova Scotia Farm Loan Board Regulations, made by the Governor in Council by Order in Council dated December 1, 1992, is pleased to: (
a) approve the granting of an additional loan of $445,000 plus a processing fee of $1,200 to Robert M. Carree and Caroline Carree of RR#2 Berwick, Kings County, to assist in purchasing additional Total Production Quota and finance a manure storage capital project under the terms and conditions described in
Schedule "A" attached to and forming part of the report and recommendation; and (
b) determine the rate of interest to be charged on this loan to be 6.4%.
Department(s): Agriculture