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Orders in Council Database

Order Details

Order Number:

OC2015-011

Order Date:

2015-01-22

Department:

Finance

Authority:

Financial Administration Act and the Loan Act

Order Text:

Under the authority of sections 38 and 43 of the Financial Administration Act and the Loan Act, 2014, the Lieutenant Governor in Council is pleased to appoint the Minister of Finance as the agent of the Government of Newfoundland and Labrador for the purpose of negotiating borrowings, not to exceed an aggregate amount of $1,000,000,000 Canadian, on such terms and conditions as to form, rates of interest, and terms to maturity as the Minister of Finance may determine.

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