Acts and Regulations

2011, c.160 - Financial Administration Act

Full text
Securities and other investments
21(1)The Minister may purchase, acquire and hold securities and pay for them out of the Consolidated Fund.
21(2)The Minister may sell any securities purchased, acquired or held under subsection (1).
21(3)In addition to subsection (1), the Minister may purchase, acquire and hold the investments approved by the Lieutenant-Governor in Council on the recommendation of the Minister, and pay for them out of the Consolidated Fund.
21(4)The Minister may sell any investments purchased, acquired or held under subsection (3).
21(5)A net profit resulting in any fiscal year from the sale of securities and other investments under this section is to be credited to the revenues of that fiscal year, and a net loss incurred in any fiscal year from those sales is to be charged to an appropriation provided for that purpose.
R.S.1973, c.F-11, s.27; 1979, c.23, s.4; 2012, c.39, s.67; 2012, c.52, s.22; 2016, c.37, s.70; 2019, c.29, s.59
Securities and other investments
21(1)The Minister of Finance may purchase, acquire and hold securities and pay for them out of the Consolidated Fund.
21(2)The Minister of Finance may sell any securities purchased, acquired or held under subsection (1).
21(3)In addition to subsection (1), the Minister of Finance may purchase, acquire and hold the investments approved by the Lieutenant-Governor in Council on the recommendation of the Minister of Finance, and pay for them out of the Consolidated Fund.
21(4)The Minister of Finance may sell any investments purchased, acquired or held under subsection (3).
21(5)A net profit resulting in any fiscal year from the sale of securities and other investments under this section is to be credited to the revenues of that fiscal year, and a net loss incurred in any fiscal year from those sales is to be charged to an appropriation provided for that purpose.
R.S.1973, c.F-11, s.27; 1979, c.23, s.4; 2012, c.39, s.67; 2012, c.52, s.22; 2016, c.37, s.70
Securities and other investments
21(1)The Minister may purchase, acquire and hold securities and pay for them out of the Consolidated Fund.
21(2)The Minister may sell any securities purchased, acquired or held under subsection (1).
21(3)In addition to subsection (1), the Minister may purchase, acquire and hold the investments approved by the Lieutenant-Governor in Council on the recommendation of the Minister, and pay for them out of the Consolidated Fund.
21(4)The Minister may sell any investments purchased, acquired or held under subsection (3).
21(5)A net profit resulting in any fiscal year from the sale of securities and other investments under this section is to be credited to the revenues of that fiscal year, and a net loss incurred in any fiscal year from those sales is to be charged to an appropriation provided for that purpose.
R.S.1973, c.F-11, s.27; 1979, c.23, s.4; 2012, c.39, s.67; 2012, c.52, s.22
Securities and other investments
21(1)The Minister may purchase, acquire and hold securities and pay for them out of the Consolidated Fund.
21(2)The Minister may sell any securities purchased, acquired or held under subsection (1).
21(3)In addition to subsection (1), the Minister may purchase, acquire and hold the investments approved by the Lieutenant-Governor in Council on the recommendation of the Minister, and pay for them out of the Consolidated Fund.
21(4)The Minister may sell any investments purchased, acquired or held under subsection (3).
21(5)A net profit resulting in any fiscal year from the sale of securities and other investments under this section is to be credited to the revenues of that fiscal year, and a net loss incurred in any fiscal year from those sales is to be charged to an appropriation provided for that purpose.
R.S.1973, c.F-11, s.27; 1979, c.23, s.4; 2012, c.39, s.67; 2012, c.52, s.22
Securities and other investments
21(1)The Minister of Finance may purchase, acquire and hold securities and pay for them out of the Consolidated Fund.
21(2)The Minister of Finance may sell any securities purchased, acquired or held under subsection (1).
21(3)In addition to subsection (1), the Minister of Finance may purchase, acquire and hold the investments approved by the Lieutenant-Governor in Council on the recommendation of the Minister, and pay for them out of the Consolidated Fund.
21(4)The Minister of Finance may sell any investments purchased, acquired or held under subsection (3).
21(5)A net profit resulting in any fiscal year from the sale of securities and other investments under this section is to be credited to the revenues of that fiscal year, and a net loss incurred in any fiscal year from those sales is to be charged to an appropriation provided for that purpose.
R.S.1973, c.F-11, s.27; 1979, c.23, s.4; 2012, c.39, s.67
Securities and other investments
21(1)The Minister may purchase, acquire and hold securities and pay for them out of the Consolidated Fund.
21(2)The Minister may sell any securities purchased, acquired or held under subsection (1).
21(3)In addition to subsection (1), the Minister may purchase, acquire and hold the investments approved by the Lieutenant-Governor in Council on the recommendation of the Minister, and pay for them out of the Consolidated Fund.
21(4)The Minister may sell any investments purchased, acquired or held under subsection (3).
21(5)A net profit resulting in any fiscal year from the sale of securities and other investments under this section is to be credited to the revenues of that fiscal year, and a net loss incurred in any fiscal year from those sales is to be charged to an appropriation provided for that purpose.
R.S.1973, c.F-11, s.27; 1979, c.23, s.4