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Newfoundland Regulation 2000
Private Training Institutions Regulations (Amendment)
Under the authority of section 19 of the Private Training Institutions Act, the Lieutenant-Governor in Council makes the following regulations.
John R. Cummings, Q.C.
1. The Private Training Institutions Regulations are amended by adding immediately after section 26.6 the following:
26.7 (1) The minister may make loans to the corporation to be deposited in the Train Out Fund, subject to terms as the minister considers appropriate, including
(a) the terms of repayment of a loan; and
(b) the rate of interest to be paid by the corporation
(2) The amount of a loan made to the corporation shall be paid out of the Consolidated Revenue Fund.
(3) This section shall be considered to come into
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