Statutes of Newfoundland 1999 Chapter 17

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Statutes of Newfoundland 1999

CHAPTER 17

AN ACT TO AMEND THE LOAN AND
GUARANTEE ACT, 1957
(Assented to December 14, 1999)

Analysis

1. Schedule Amdt.

2. 1993 c.11
Schedule Amdt.

3. 1998 c.5
Schedule Amdt.

4. Schedule Amdt.

Be it enacted by the Lieutenant-Governor and House of Assembly in Legislative Session convened, as follows:

1957 No.70
as amended

1. The Schedule to The Loan and Guarantee Act, 1957 is amended by adding the following:

Health Care Corporation of St. John's	$	130,000,000	June 10, 1999	N/A
Integrated Poultry Limited	$	400,000	Dec. 23, 1998	N/A
Island By-Products Limited	$	335,000	Dec. 14, 1998	N/A
Marble Mountain Development Corporation	$	300,000	July 19, 1999	N/A
Newfoundland Farm Products Corporation	$	1,700,000	April 30, 1999	Dec. 31, 1999
Newfoundland Farm Products Corporation	$	1,700,000	Nov. 4, 1999	May 31, 2000
Torngat Fish Producers Co-operative Society Limited	$	1,500,000	Sept. 8, 1998	May 31, 1999
Torngat Fish Producers Co-operative Society Limited	$	600,000	Sept. 8, 1998	May 31, 1999
Torngat Fish Producers Co-operative Society Limited	$	600,000	N/A	May 31, 2000

1993 c.11
Schedule Amdt.

2. The Schedule to the Act is further amended by amending the Schedule, as enacted by chapter 11 of 1993, as follows:

(a) Item 3 - Earle Brothers Fisheries Limited - as amended by paragraph 7(a) of chapter 30 of 1993, paragraph 5(b) of chapter 16 of 1994, paragraph 5(b) of chapter 6 of 1996 and paragraph 5(b) of chapter 5 of 1998 is further amended by striking out the statutory amount "$600,000" and substituting the statutory amount "$265,000"; and

(b) Item 5 – Newfoundland Symphony Orchestra Association - as amended by paragraph 5(c) of chapter 6 of 1996

(i) by striking out the statutory amount "$57,000" and substituting the statutory amount "$50,000", and

(ii) by striking out the date of expiry "December 31, 1997" and substituting the date of expiry "March 31, 2001".

1998 c.5
Schedule Amdt.

3. The Schedule to the Act is further amended by amending the Schedule as enacted by chapter 5 of 1998, as follows:

(a) Item 1 – Integrated Poultry Limited is amended by striking out the statutory amount "$10,000,000" and substituting the statutory amount "$11,500,000"; and

(b) Item 4 - S.C.B. Fisheries Limited – is amended as follows:

(i) by striking out the statutory amount "$5,000,000" and substituting the statutory amount "$6,000,000", and

(ii) by striking out the statutory amount "$6,000,000" and substituting the statutory amount "$6,700,000".

Schedule Amdt.

4. The Schedule to the Act is further amended by amending Item 5 – Torngat Fish Producers Co-operative Society Limited – of the Schedule as enacted by section 1 of this Act, by striking out the date of expiry "May 31, 1999" and substituting the date of expiry "May 31, 2000".

©Earl G. Tucker, Queen's Printe