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Copyright 2000: Queen’s Printer,
St. John's, Newfoundland, Canada

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Statutes of Newfoundland 1999


CHAPTER 24

AN ACT TO AMEND THE LOAN (CANADA PENSION PLAN INVESTMENT FUND) ACT, 1966

(Assented to December 14, 1999)

Analysis

1. S.3(e) R&S
Issuance of securities

2. S.3.1 Added
Replacement securities

3. Commencement

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


SN1966 No.30

1. Paragraph 3(e) of The Loan (Canada Pension Plan Investment Fund) Act, 1966 is repealed and the following substituted:

(e) have a term to maturity that the Minister of Finance of Canada fixes;

 

2. The Act is amended by adding immediately after section 3 the following:

Replacement securities

3.1 Notwithstanding section 3, replacement securities may be issued for the purpose of postponing the maturity of, or refinancing, a loan raised under this Act. 

Commencement

3. This Act is considered to have come into force on January 1, 1999.

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