OIC Number: 2006 - 232

Date of Order: May 04, 2006

Statute: Nova Scotia Business Incorporated Act Provincial Finance Act

OIC Text: The Governor in Council on the report and recommendation of the Minister of Economic Development dated March 21, 2006, pursuant to Sections 2(a), (b), (e), 6, 16(1)(

b) and (g), and 34(1)(

f) of

Chapter 30 of the Statutes of Nova Scotia, 2000, the Nova Scotia Business Incorporated Act, and Regulations thereunder, Sections 2(1)(o), 9(3) and 9(4), and Sections 59A(

a) and 59C(1) of

Chapter 365 of the Revised Statutes of Nova Scotia, 1989, the Provincial Finance Act, is pleased to: (

a) approve financial assistance by way of a payroll rebate to L-3 Communications Canada in an amount not to exceed $2,480,000.00, which was authorized by the Board of Directors of Nova Scotia Business Incorporated on January 25, 2006, generally as outlined in

Schedule "A" annexed to and forming part of the Report and Recommendation of the Minister of Economic Development dated March 21, 2006; and (

b) authorize the Minister of Economic Development to execute such agreements, documents and instruments as may be required to give effect to this Order.

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