Statutes of Newfoundland 2000 Chapter 21

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Statutes of Newfoundland 2000

Statutes of Newfoundland 2000 Chapter 21 CHAPTER 21

AN ACT TO AMEND THE LOAN AND
GUARANTEE ACT, 1957
(Assented to December 14, 2000)

Analysis

1. Schedule Amdt.

2. 1999 c.17
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:

Company		Amount	Date of Issue	Expiry Date
Canadian Imperial Venture Corp.	$	500,000	Mar. 10/00	Oct. 3/00
Ernst & Young Inc.		1,500,000	Mar. 24/00	Sept. 30/00
Newfoundland and Labrador Education Investment Corporation		75,000,000	Oct. 23/00	N/A
Newfoundland and Labrador Heritage Corporation		40,000,000	Apr. 4/00	N/A
Torngat Fish Producers Co-operative Society Limited		1,500,000	Jul. 27/00	May 31/01
Torngat Fish Producers Co-operative Society Limited		600,000	Jul. 27/00	May 31/01

1999 c.17
Schedule Amdt.

2. The Schedule to the Act is further amended by amending the Schedule, as enacted by chapter 17 of 1999, in

(a) Item 4 - Marble Mountain Development Corporation

(i) by striking out the statutory amount "$300,000" and substituting the statutory amount "$500,000" and by striking out the date of expiry "N/A" and substituting the date of expiry "July 31, 2000",

(ii) by striking out the statutory amount "$500,000" and substituting the statutory amount "$700,000" and by striking out the date of expiry "July 31, 2000" and substituting the date of expiry "N/A", and

(iii) by striking out the statutory amount "$700,000" and substituting the statutory amount "$1,100,000"; and

(b) Item 9 - Torngat Fish Producers Co-operative Society Limited - by striking out the date of issue "N/A" and substituting the date of issue "October 21, 1999".