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Borrowing Authority Act

Version of section 5 from 2022-06-23 to 2024-11-26:


Marginal note:Exception — amounts not counting towards total

 The following amounts do not count in the calculation of the amount referred to in paragraph 4(a):

  • (a) amounts borrowed by the Minister under an order made under paragraph 46.1(c) of the Financial Administration Act, other than those borrowed under such an order made during the period beginning on March 23, 2021 and ending on May 6, 2021; and

  • (b) amounts borrowed by the Minister under an order made under paragraph 46.1(a) of that Act for the payment of any amount in respect of a debt that was originally incurred under an order made under paragraph 46.1(c) of that Act, other than in respect of a debt that was originally incurred under such an order made during the period beginning on March 23, 2021 and ending on May 6, 2021.

  • (c) [Repealed, 2021, c. 7, s. 16]

  • (d) [Repealed, 2021, c. 7, s. 16]

  • 2017, c. 20, s. 103 “5”
  • 2020, c. 5, s. 29
  • 2021, c. 7, s. 16
  • 2022, c. 10, s. 183

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