OC2025-142
2025-05-19
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 Debenture of Series 7R, maturing June 2, 2030, by payment annually on or before
December 2 in each of the years 2025 to 2029, 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 7R outstanding on the date
thereof.