Statutes of Newfoundland and Labrador 2004 Chapter 7

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Statutes of Newfoundland and Labrador 2004

CHAPTER 7

AN ACT TO AMEND THE LOAN AND
GUARANTEE ACT, 1957
(Assented to June 8, 2004)

Analysis

1. Schedule Amdt.

2. 1987 c31
Schedule Amdt.

3. 1993 c11
Schedule Amdt.

4. 1999 c17
Schedule Amdt.

5. 2000 c21
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
Health Labrador Corporation	$	9,000,000	Nov. 6/02	N/A
Torngat Fish Producers Co-operative Society Limited		2,100,000	Sept. 25/02	May 31/03
Torngat Fish Producers Co-operative Society Limited		2,100,000	July 31/03	May 31/04

1987 c31
Schedule Amdt.

2. The Schedule to the Act is further amended by amending Item 15 - Newfoundland Ocean Enterprises Limited, as enacted by chapter 31 of 1987 by striking out the statutory amount "$4,850,000" and substituting the statutory amount $5,500,000.

1993 c11
Schedule Amdt.

3. The Schedule to the Act is further amended by amending Item 5 - Newfoundland Symphony Orchestra Association, as enacted by chapter 11 of 1993, as follows:

(a) by striking out the date of expiry "March 31, 2002" and substituting the date of expiry "March 31, 2003"; and

(b) by striking out the date of expiry "March 31, 2003" and substituting the date of expiry "March 31, 2005".

1999 c17
Schedule Amdt.

4. The Schedule to the Act is further amended by amending Item 4 - Marble Mountain Development Corporation, as enacted by chapter 17 of 1999, as follows:

(a) by striking out the statutory amount "$1,450,000" and substituting the statutory amount "$1,700,000"; and

(b) by striking out the statutory amount "$1,700,000" and substituting the statutory amount "$2,100,000".

2000 c21
Schedule Amdt.

5. The Schedule to the Act is further amended by amending Item 3 - Newfoundland and Labrador Education Investment Corporation, as enacted by chapter 21 of 2000 by striking out the statutory amount "$75,000,000" and substituting the statutory amount "$105,000,000".