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Third Session, Thirty-Eighth Legislature

This version is based on the printed bill that was distributed in the Legislature after First Reading.   It is not the official version.   If accuracy is critical, you can obtain a copy of the printed bill from Statutory Publications.

Bill 46

THE LOAN ACT, 2005


Section Table of Contents
1 Definition
2 Increase in government's borrowing authority
3(1) Borrowing authority of agency
(2) Manner of raising money
(3) Abatement of government's borrowing authority
(4) Agency guarantee abates borrowing authority
4 L.G. in C. may authorize advances
5 Lapse of previous borrowing authority
6(1) Additional authority for loans and guarantees
(2) Authority to borrow
7 Coming into force
The Loan Act, 2005 — Schedule A
Incremental Capital Authority Requirements For Non-
The Loan Act, 2005 — Schedule B
Expenditure Authority as at April 1, 2005 not yet expended