Nova Scotia Order in Council 9786/2001

O.C. 9786/2001

Nova Scotia — Orders in Council

OIC Number: 2001 - 206

Date of Order: Apr 27, 2001

Statute: Industrial Development Act Business Development Corporation Act Provincial Finance Act

OIC Text: The Governor in Council on the report and recommendation of the Minister of Economic Development dated March 22, 2001, pursuant to Sections 2, 3 and 4 of

Chapter 222 of the Revised Statutes of Nova Scotia, 1989, the Industrial Development Act,

Section 10 of

Chapter 49 of the said Revised Statutes, the Business Development Corporation Act and

Section 59C of

Chapter 365 of the said Revised Statutes, the Provincial Finance Act, as amended, is pleased to: (

a) amend Order in Council 1998-501 dated October 6, 1998, to provide financial assistance to Irving Shipbuilding Inc., of Halifax, Halifax County, by way of a guarantee to a financial institution in such form as the Attorney General may approve, in an amount not to exceed Eighty Million Dollars ($80,000,000), on terms and conditions recommended by the Minister of Economic Development; (

b) authorize the Minister of Economic Development to execute the said guarantee and such other agreements and instruments with the prior review and approval of the Minister of Finance as may be required to give effect to this Order; and (

c) assign the administration of this guarantee facility to the Nova Scotia Business Development Corporation.

Department(s): Economic Development (Aug 1999 - Jan 2009)

Document details

Collection	Nova Scotia — Orders in Council
Citation	O.C. 9786/2001
Date	2001-01-01
Type	order_in_council
Volume / chapter	2001 9786
Language	en
Format	html
Source	PROVINCIAL
Identifier	ead7ae973e77b651744924d882f4d28655c567d6

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