Nova Scotia Order in Council 19165/2020

O.C. 19165/2020

Nova Scotia — Orders in Council

OIC Number: 2020 - 140

Date of Order: Apr 27, 2020

Statute: Finance Act Municipal Finance Corporation Act

OIC Text: The Governor in Council on the report and recommendation of the Minister of Municipal Affairs and Housing dated April 21, 2020, pursuant to Sections 72 and 74 of

Chapter 2 of the Statutes of Nova Scotia, 2010, the Finance Act, and

Section 13 of

Chapter 301 of the Revised Statutes of Nova Scotia 1989, the Municipal Finance Corporation Act is pleased to authorize the Minister of Finance and Treasury Board to establish an operating cap to lend money to the Municipal Finance Corporation from time to time to a maximum of $380,000,000 in Canadian Funds to enable the Municipal Finance Corporation to make short-term loans to municipalities, such borrowing to be in accordance with the terms and conditions of a Line of Credit Agreement to be entered into between the Province, as represented by the Minister of Finance and Treasury Board, and the Municipal Finance Corporation, in accordance with

Section 74.

Department(s): Municipal Affairs and Housing

Document details

Collection	Nova Scotia — Orders in Council
Citation	O.C. 19165/2020
Date	2020-01-01
Type	order_in_council
Volume / chapter	2020 19165
Language	en
Format	html
Source	PROVINCIAL
Identifier	e0ccd415cf36dfcaf2bc9cf4d34ab453c8277ce7

Source file is stored in the law ingest library (html).