British Columbia Order in Council — Order under Financial Administration The Fiscal Agent for Universities Regulation is made (O.C. 485/2001)

O.C. 485/2001

British Columbia — Orders in Council

I PROVINCE OF BRITISH COLUMBIA ORDER OF THE LIEUTENANT GOVERNOR IN COUNCIL Order in Council No. 485 , Approved and Ordered ApR 1 • 2001 Lieutenant Governor Executive Council Chambers, Victoria On the recommendation of the undersigned, the Lieutenant Governor, by and with the advice and consent of the Executive Council, orders that the attached Fiscal Agent for Universities Regulation is made. /from, Minister of Finance and Corporate Relations Pr: ember of the Executive Council /This

part is for administrative purposes only and is not part of the Order.) Authority under which Order Is made: Act and section:- Financial Administration Act, section 75 (1) (

b) and (

c) Other (specify):- March 23, 2001 L63-12001/13/jh FISCAL AGENT FOR UNIVERSITIES REGULATION

Definitions In this regulation: "minister" means the Minister of Finance and Corporate Relations; "university" means a university as defined in the College and institute Act that is a government corporation as defined in the Financial Administration Act. Fiscal agent of a university 2

(1) The minister is appointed the fiscal agent of each university.

(2) With respect to the borrowing of money under the University Act by a university, the minister, as fiscal agent of the university, on the terms a greed to between that university and the minister, may (

a) provide advice or other assistance to the university, and (

b) make agreements or other arrangements on behalf of the university.

(3) The power and capacity described in subsection (2) of the minister as fiscal agent is in addition to the other powers and capacities the minister has.

Document details

Collection	British Columbia — Orders in Council
Citation	O.C. 485/2001
Type	order_in_council
Volume / chapter	arc oic 0485 2001
Language	en
Format	pdf
Source	PROVINCIAL
Identifier	4adf2571427b5b6d0a400a03c526e8633379da3f

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