Authorization under Industrial Development Act Provincial Finance Act — The Governor in Council on the report and recommendation of the Minister of Economic and Rural Development dated March 4, 2010, and pursuant to Sections 2, 3 an
O.C. 15045/2010
Nova Scotia — Orders in Council
OIC Number: 2010 - 103
Date of Order: Mar 05, 2010
Statute: Industrial Development Act Provincial Finance Act
OIC Text: The Governor in Council on the report and recommendation of the Minister of Economic and Rural Development dated March 4, 2010, and pursuant to Sections 2, 3 and 5 of
Chapter 222 of the Revised Statutes of Nova Scotia, 1989, the Industrial Development Act, and to
Section 59C of
Chapter 365 of the Revised Statutes of Nova Scotia, 1989, the Provincial Finance Act is pleased to: (
a) authorize financial assistance to DSME Trenton Ltd. in an amount not to exceed Fifty Nine Million Three Hundred Sixty Thousand Five Hundred Dollars ($59,360,500.00), on terms and conditions generally as outlined in Schedules "A", "B", "C" and "D" attached to and forming part of the report and recommendation of the Minister of Economic and Rural Development dated March 4, 2010; (
b) authorize an environmental indemnity in favour of DSME Trenton Ltd. generally as outlined in
Schedule "E" attached to and forming part of the Report and Recommendation of the Minister of Economic and Rural Development dated March 4, 2010; and (
c) authorize the Minister of Economic and Rural Development to execute such documents, indemnities and instruments as may be required to give effect to this Order.
Department(s): Economic and Rural Development (Jan 2009 - Jan 2011)