Establishment and administration of Environmental Trust Fund
1(1)There is hereby established a fund to be known as the Environmental Trust Fund.
1(2)Repealed: 2000, c.34, s.4
1(3)The Minister of Finance shall be the custodian of the Environmental Trust Fund and the Environmental Trust Fund shall be held in trust by the Minister of Finance.
1(4)Payments for the purposes of section 3 shall be a charge upon and payable out of the Environmental Trust Fund.
1(5)All interest arising from the Environmental Trust Fund shall be paid into and form part of the Environmental Trust Fund.
1(6)The Minister of Finance may invest the money in the Environmental Trust Fund in the manner authorized by the
Trustees Act and may invest in securities issued pursuant to the
Provincial Loans Act.
1996, c.34, s.5; 2000, c.34, s.4; 2003, c.E-4.6, s.166