An Act to amend the Canadian Dairy Commission Act (S.C. 2020, c. 8)
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Assented to 2020-05-15
An Act to amend the Canadian Dairy Commission Act
S.C. 2020, c. 8
Assented to 2020-05-15
An Act to amend the Canadian Dairy Commission Act
RECOMMENDATION
Her Excellency the Governor General recommends to the House of Commons the appropriation of public revenue under the circumstances, in the manner and for the purposes set out in a measure entitled “An Act to amend the Canadian Dairy Commission Act”.
SUMMARY
This enactment amends the Canadian Dairy Commission Act to increase the maximum total for outstanding amounts of loans made to the Commission by the Minister of Finance and for amounts drawn by the Commission from a line of credit to five hundred million dollars.
Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:
R.S., c. C-15Canadian Dairy Commission Act
Marginal note:1995, c. 23, s. 6
1 Subsection 16(2) of the Canadian Dairy Commission Act is replaced by the following:
Marginal note:Limit
(2) The total aggregate amount outstanding at any time of loans made under subsection (1) and amounts drawn under subsection 16.1(2) shall not exceed five hundred million dollars.
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