BILL NO. 175
2nd Session, 60th General Assembly
57 Elizabeth II, 2008
Appropriations Act, 2008
The Honourable Michael G. Baker, Q.C.
Minister of Finance
First Reading: May 15, 2008
Second Reading: May 15, 2008
Third Reading: May 15, 2008 (LINK TO BILL AS PASSED)
Be it enacted by the Governor and Assembly as follows:
2 The several sums of money hereinafter stated are granted to Her Honour the Lieutenant Governor for the purpose of defraying the undermentioned several charges and expenses of the public service for the fiscal year ending March 31, 2009:
3 The said several sums shall be paid by the Minister of Finance subject to the provisions of the statutes in that behalf out of the moneys that are applicable to the several purposes for which the said several sums are granted.
4 The Governor in Council is authorized, for the purposes of Sections 46 and 52 of the Provincial Finance Act, and the Minister of Finance is authorized, for the purposes of borrowing for a term greater than one calendar year pursuant to Sections 47 and 52 of that Act, to borrow or raise by way of loan on the credit of the Province, either before or after the expiration of the said fiscal year, and in addition to borrowings authorized by other enactments, the sum of $1,000,000,000 for the public service.
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