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Orders in Council Database

Order Details

Order Number:

OC2024-161

Order Date:

2024-10-01

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 7Q, maturing December 2, 2034, by payment annually on

or before December 2 in each of the years 2024 to 2033, 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 7Q outstanding

on the date thereof.

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