Authorization under Industrial Development Act — The Governor in Council on the report and recommendation of the Minister of Economic and Rural Development, dated August 26, 2009, and pursuant to Sections 2, 3
O.C. 14771/2009
Nova Scotia — Orders in Council
OIC Number: 2009 - 360
Date of Order: Aug 27, 2009
Statute: Industrial Development Act
OIC Text: The Governor in Council on the report and recommendation of the Minister of Economic and Rural Development, dated August 26, 2009, and pursuant to Sections 2, 3 and 5 of
Chapter 222 of the Revised Statutes of Nova Scotia, 1989, the Industrial Development Act, is pleased to: (
a) approve financial assistance by way of a guarantee to Irving Shipbuilding Inc. in an amount not to exceed Twelve Million Two Hundred Thousand Dollars ($12,200,000.00) on terms and conditions generally as outlined in Schedules "A" and "B" annexed to and forming part of the Report and Recommendation of the Minister of Economic and Rural Development dated August 26, 2009; and (
b) authorize the Minister of Economic and Rural Development to execute such guarantees, agreements, documents and instruments as may be required to give effect to this Order.
Department(s): Economic and Rural Development (Jan 2009 - Jan 2011)