Acts and Regulations

2015, c.2 - Opportunities New Brunswick Act

Section 53
Disposition versions

Full text
Financial assistance provided under the Economic Development Act
53(1)Subject to subsection (2), the terms and conditions of financial assistance provided under the former Act before the commencement of this section continue to apply.
53(2)In accordance with section 26 of this Act, Opportunities NB may amend the terms or conditions of financial assistance provided under the former Act before the commencement of this section.
53(3)Sections 25 and 27 of this Act apply with the necessary modifications in relation to any financial assistance provided under the former Act before the commencement of this section.
53(4)Despite their repeal on the commencement of this section, subsections 3(2) to (5) of the former Act apply with the necessary modifications in relation to any financial assistance provided under the former Act before the commencement of this section.
2016, c.28, s.102
Financial assistance provided under the Economic Development Act
53(1)Subject to subsection (2), the terms and conditions of financial assistance provided under the former Act before the commencement of this section continue to apply.
53(2)With the approval of the Lieutenant-Governor in Council, Opportunities NB may amend the terms or conditions of financial assistance provided under the former Act before the commencement of this section.
53(3)Despite their repeal on the commencement of this section, subsections 3(2) to (5) and section 14.1 of the former Act apply with the necessary modifications in relation to any financial assistance provided under the former Act before the commencement of this section.
Financial assistance provided under the Economic Development Act
53(1)Subject to subsection (2), the terms and conditions of financial assistance provided under the former Act before the commencement of this section continue to apply.
53(2)With the approval of the Lieutenant-Governor in Council, Opportunities NB may amend the terms or conditions of financial assistance provided under the former Act before the commencement of this section.
53(3)Despite their repeal on the commencement of this section, subsections 3(2) to (5) and section 14.1 of the former Act apply with the necessary modifications in relation to any financial assistance provided under the former Act before the commencement of this section.