OC2025-153
2025-06-02
Finance
Financial Administration Act
Under the authority of subsection 38(2) of the Financial Administration Act, the
Lieutenant-Governor in Council is hereby approves the creation of a sinking fund for
the Debenture of Series 7S, maturing June 2,2035, by payment annually on or before
December 2 in each of the years 2025 to 2034, inclusive, out of the Consolidated
Revenue Fund of an amount not less than one and one-half percent (1.50%) of the
aggregate principal amount of Debentures of Series 7S outstanding on the date
thereof.