Legislative Assembly of New Brunswick
Status of Legislation - First Reading Bill
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Loan Act 2005

Legislature :
Session :
Bill No. :
Member :
Hon. Volpé
First Reading :
Second Reading :
Committee of the Whole :
Amended :
Third Reading :
Royal Assent :
Download PDF :
Bill 64

Text of Bill :
Her Majesty, by and with the advice and consent of the Legislative Assembly of New Brunswick, enacts as follows:

1                           In addition to all money authorized to be raised by any other Act of the Legislature, the Lieutenant-Governor in Council is authorized to raise from time to time in accordance with section 4 of the Provincial Loans Act such sums of money, not exceeding in the aggregate five hundred and fifty-five million dollars, as may be deemed expedient for any or all of the following purposes: for the public service, for discharging any indebtedness or obligation of New Brunswick, or for reimbursing the Consolidated Fund for any moneys expended in discharging any such indebtedness or obligation, and for the carrying on of public works authorized by the Legislature.


Legislative Assembly of New Brunswick
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