OC2022-295
2022-12-15
Finance
Financial Administration Act
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 7N, by payment annually on or before October 17 in each of
the years 2023 to 2054, inclusive, out of the Consolidated Revenue Fund of an amount
not less than one and one-half per cent (1.50%) of the aggregate principal amount of
Debentures of Series 7N outstanding on the date thereof.