Petro-Canada Transactions Authorization Order, 1990 (SOR/90-58)

Whereas Petro-Canada has set out the details of certain proposed transactions in a corporate plan submitted pursuant to section 122 of the Financial Administration Act;

And Whereas the Governor in Council, pursuant to subsection 91(6) of that Act, is satisfied that Petro-Canada and its wholly-owned subsidiaries are otherwise empowered to undertake the transactions authorized by this Order;

Therefore, Her Excellency the Governor General in Council, on the recommendation of the Minister of Energy, Mines and Resources and the Treasury Board, pursuant to section 91 of the Financial Administration Act, is pleased hereby to make the annexed Order authorizing Petro-Canada and its wholly-owned subsidiaries to undertake certain transactions during 1990.