First

Session, 48th General Assembly

Elizabeth II, 2016

BILL 32

AN ACT TO AMEND THE

LOAN ACT, 2016

Received and Read the First Time .................................................................................................

Second Reading .................................................................................................................................

Committee ..........................................................................................................................................

Third Reading .....................................................................................................................................

Royal Assent ......................................................................................................................................

HONOURABLE

CATHY BENNETT

Minister of Finance and President of Treasury Board

Ordered

to be printed by the Honourable House of Assembly

EXPLANATORY NOTE

This Bill would authorize the

Lieutenant-Governor in Council to increase the amount of money raised under the

Loan Act, 2016 from a maximum amount of

"$1,600,000,000" to a maximum amount of "$3,400,000,000".

A BILL

AN ACT TO AMEND THE LOAN ACT, 2016

Analysis

S.3 Amdt.

Limitation

Be it enacted by the Lieutenant-Governor and

House of Assembly in Legislative Session convened, as follows:

SNL2016 c5

Section 3 of the Loan Act, 2016 is amended by deleting the amount "$1,600,000,000"

and substituting the amount "$3,400,000,000".

Queen's Printer