Authorization under Municipal Finance Corporation Act — The Governor in Council on the report and recommendation of the Minister of Municipal Affairs dated April 8, 2021, and pursuant to Clause 8(1)(a), Subsection 10
O.C. 19512/2021
Nova Scotia — Orders in Council
OIC Number: 2021 - 132
Date of Order: May 11, 2021
Statute: Municipal Finance Corporation Act
OIC Text: The Governor in Council on the report and recommendation of the Minister of Municipal Affairs dated April 8, 2021, and pursuant to Clause 8(1)(a), Subsection 10(1) and
Section 12 of
Chapter 301 of the Revised Statutes of Nova Scotia, 1989, the Municipal Finance Corporation Act and Subsections 72(1), 73(1) and
Section 77 of
Chapter 2 of the Acts of 2010, the Finance Act , is pleased to make an Order in the form hereto annexed as
Schedule “A” or to like effect, for the purpose of approving the additional borrowing requirements of the Nova Scotia Municipal Finance Corporation for the fiscal year 2020-2021, and to authorize the guarantee by the Province of Nova Scotia in the event long-term borrowings are implemented through lenders other than the Province.
Department(s): Municipal Affairs