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Orders in Council Database

Order Details

Order Number:

OC2022-228

Order Date:

2022-11-03

Department:

Finance

Authority:

Financial Administration Act

Order Text:

Under the authority of section 38(2) of the Financial Administration Act, the

Lieutenant-Governor in Council hereby approves the creation of a sinking fund for

the Debentures of Series 7M, by payment annually on or before October 17 in each

of the years 2023 to 2027, inclusive, out of the Consolidated Revenue Fund of an

amount not less that one and one-half per cent (1.50%) of the aggregate principal

amount of Debentures of Series 7M outstanding on the date thereof

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