OC2013-355
2013-11-29
Natural Resources
Energy Corporation Act
Under the authority of section 18 of the Energy Corporation Act, the Lieutenant Governor in Council is pleased to delegate to the Minister of Finance, the authority to approve:
a) The terms of the binding financing commitment with such institution(s) as the Minister shall approve in order to raise debt financing up to $2,600,000,000 for the Muskrat Falls/Labrador Transmission Funding Trust and up to $2,400,000,000 for the Labrador Island Link Funding Trust; and
b) Any necessary documentation related to the financing commitment with such institution(s).