OIC Number: 2012 - 22

Date of Order: Jan 31, 2012

Statute: Agriculture and Rural Credit Act

OIC Text: The Governor in Council, on the report and recommendation of the Minister of Agriculture dated November 25, 2011, and 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, 11 and 13 of the Nova Scotia Farm Loan Board Regulations, N.S. Reg 248/92, made by Governor in Council by Order in Council 92-1162 dated December 1, 1992, is pleased to: (

a) approve the re-amortization of the balance of the loan granted to Curtmar Farms Limited by Order In Council 2005-505, such balance of $4,160,000 to be repaid on terms and conditions as outlined in

Schedule "A", attached to and forming part of the Report and Recommendation; and (

b) approve the rate of interest to be charged on this loan to be 6.25%.

Department(s): Agriculture