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Orders in Council Database

Order Details

Order Number:

OC2020-258

Order Date:

2020-11-20

Department:

Industry, Energy and Technology

Authority:

Hydro Corporation Act, 2007

Order Text:

Under the authority of section 28 of the Hydro Corporation Act, 2007, the Lieutenant-Governor in Council is pleased to authorize the Government of Newfoundland and Labrador to advance Newfoundland and Labrador Hydro with long-term funding of up to $300 million, on such terms and conditions as to form, rate of interest, and terms to maturity as the Minister of Finance, as the agent of Government, may determine on a cost recovery basis. (Rescinded by OC2020-273)

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