2nd Session, 42nd Legislature

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Bill 61

THE LOAN ACT, 2020

(Assented to                                          )

HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Manitoba, enacts as follows:

Increase in government's borrowing authority

1

The authority of the government to borrow for purposes other than to refinance debt is increased by $5,000,000,000.

Coming into force

2

This Act is deemed to have come into force on April 1, 2020.