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Consolidated Newfoundland Regulation 1996


CONSOLIDATED NEWFOUNDLAND REGULATION 793/96

CONSOLIDATED NEWFOUNDLAND REGULATION 793/96

Bonds, Debentures, Debenture Stock and Other Securities
of Loan Companies Order
under the
Trustee Act
(O.C. 96‑148)

Under the authority of section 3 of the Trustee Act and the Subordinate Legislation Revision and Consolidation Act, the Lieutenant‑Governor in Council makes the following Order.

ORDER

Analysis


        1.   Short title

        2.   Investment of trust funds

        3.   Repeal


Short title

        1. This Order may be cited as the Bonds, Debentures, Debenture Stock and Other Securities of Loan Companies Order.

49/90 s1

Investment of trust funds

        2. The bonds, debentures, debenture stock and other securities, insured by the Canada Deposit Insurance Corporation, issued by the following loan companies are approved for the investment of trust funds:

Canada Trustco Mortgage Company Central Guaranty Mortgage Corporation First City Mortgage Company The Royal Trust Company Mortgage Corporation.

49/90 s2

Repeal

        3. The Bonds, Debentures, Debenture Stock and Other Securities of Loan Companies Order, 1990, Newfoundland Regulation 49/90, is repealed.