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    The Executive Council of Newfoundland and Labrador approved reducing the loan guarantee fee for Tomgat Fisheries from the current rate to 1% per annum under the authority of Section 11(c) of the Loan and Guarantee Act of 1957. The Minister of Finance was authorized to make this change to the loan guarantee for Tomgat Fisheries immediately.

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    OC2010-282

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    The Executive Council of Newfoundland and Labrador approved reducing the loan guarantee fee for Tomgat Fisheries from the current rate to 1% per annum under the authority of Section 11(c) of the Loan and Guarantee Act of 1957. The Minister of Finance was authorized to make this change to the loan guarantee for Tomgat Fisheries immediately.

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    17 views1 page

    Oc2010 282

    Uploaded by

    labradore
    The Executive Council of Newfoundland and Labrador approved reducing the loan guarantee fee for Tomgat Fisheries from the current rate to 1% per annum under the authority of Section 11(c) of the Loan and Guarantee Act of 1957. The Minister of Finance was authorized to make this change to the loan guarantee for Tomgat Fisheries immediately.

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    Executive

    Council
    Newfoundland
    and Labrador
    OC2010-282
    P
    FINIDM
    FNDM
    Hon. P. Pottle
    Hon. J. Hickey
    S. Dutton (A)
    TB/Secretary
    AG
    Deputy Clerk
    File
    Certified to be a true copy 01 a minute 01 a meeting
    01 the Committee 01 the Gxecutive Councilol newfoundland and
    c:l!abracfor approved by flid flonour the c:l!ieufenanl-(jovernor on
    2010/11/02
    MC2010-0670. XX2010-116.
    Under the authority of section 11(c) of the Loan and Guarantee Act, 1957, the
    Lieutenant Governor in Council hereby authorizes the Minister of Finance to reduce
    the fee of the current loan guarantee provided to Tomgat Fisheries to 1 % per annum,
    effective immediately.
    Clerk of the Executive Council

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