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Second Session, Thirty-Ninth 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 or view the online bilingual version (PDF).

Bill 43

THE LOAN ACT, 2008



Section
Table of Contents            
1 Definitions
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
Incremental Capital Authority Requirements For Non-Budgetary Programs, 2008-09
Expenditure Authority as at April 1, 2008 not yet expended or abated