Acts and Regulations

2015, c.2 - Opportunities New Brunswick Act

Section 23
Disposition versions

Full text
Approval required
23(1)Unless it obtains the approval of the Lieutenant-Governor in Council, Opportunities NB shall not provide financial assistance to a person if the sum of the following exceeds the amount prescribed by regulation:
(a) the financial assistance sought by the person;
(b) all financial assistance previously provided to the person and not repaid; and
(c) all financial assistance that Opportunities NB has decided to provide to the person but has not yet provided.
23(2)If the Lieutenant-Governor in Council grants an approval for the provision of financial assistance, the Lieutenant-Governor in Council may require that Opportunities NB impose specified terms and conditions on the provision of the financial assistance.
2015, c.35, s.2
Approval required
23(1)Unless it obtains the approval of the Lieutenant-Governor in Council, Opportunities NB shall not provide financial assistance to a person if the sum of the following exceeds the amount prescribed by regulation:
(a) the financial assistance sought by the person;
(b) all financial assistance previously provided to the person and not repaid; and
(c) all financial assistance that Opportunities NB has decided to provide to the person but has not yet provided.
23(2)If the Lieutenant-Governor in Council grants an approval for the provision of financial assistance, the Lieutenant-Governor in Council may require that Opportunities NB impose specified terms and conditions on the provision of the financial assistance.
Approval required
23(1)Unless it obtains the approval of the Lieutenant-Governor in Council, Opportunities NB shall not provide financial assistance to a person if the sum of the following exceeds the amount prescribed by regulation:
(a) the financial assistance sought by the person;
(b) all financial assistance previously provided to the person and not repaid; and
(c) all financial assistance that Opportunities NB has decided to provide to the person but has not yet provided.
23(2)If the Lieutenant-Governor in Council grants an approval for the provision of financial assistance, the Lieutenant-Governor in Council may require that Opportunities NB impose specified terms and conditions on the provision of the financial assistance.