47

 


 

First Session, 49th General Assembly

69 Elizabeth II, 2020

BILL 47

AN ACT TO AMEND THE LOAN ACT, 2020

Received and Read the First Time................................................................

Second Reading............................................................................................

Committee.....................................................................................................

Third Reading...............................................................................................

Royal Assent.................................................................................................

HONOURABLE SIOBHAN COADY

Minister of Finance

Ordered to be printed by the Honourable House of Assembly

 

EXPLANATORY NOTES

This Bill would authorize the Lieutenant-Governor in Council to increase the amount of money raised under the Loan Act, 2020 from a maximum amount of "$2,000,000,000" to a maximum amount of "$3,000,000,000".

A BILL

AN ACT TO AMEND THE LOAN ACT, 2020

Analysis


        1.   S.3 Amdt.
Limitation


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

SNL2020 c6

        1. Section 3 of the Loan Act, 2020 is amended by deleting the amount of "$2,000,000,000" and substituting the amount of "$3,000,000,000".