16(1)The Province of New Brunswick as trustee for the Corporation shall establish a sinking fund for the redemption of securities issued by the Corporation except issues of securities repayable serially or in instalments of principal, and the Minister of Finance and Treasury Board shall annually pay out of the Consolidated Fund into the sinking fund on the due dates such sums of money as may be fixed by the Lieutenant-Governor in Council at the time of issue of the securities.

16(2)Such funds shall be retained and invested for the account of the Corporation and shall be paid by the Minister of Finance and Treasury Board to the Corporation as they are required for repayment of the whole or any part of any securities issued by the Corporation either at or prior to maturity according to the tenor of the securities.

16(1)The Province of New Brunswick as trustee for the Corporation shall establish a sinking fund for the redemption of securities issued by the Corporation except issues of securities repayable serially or in instalments of principal, and the Minister of Finance shall annually pay out of the Consolidated Fund into the sinking fund on the due dates such sums of money as may be fixed by the Lieutenant-Governor in Council at the time of issue of the securities.

16(2)Such funds shall be retained and invested for the account of the Corporation and shall be paid by the Minister of Finance to the Corporation as they are required for repayment of the whole or any part of any securities issued by the Corporation either at or prior to maturity according to the tenor of the securities.

16(1)The Province of New Brunswick as trustee for the Corporation shall establish a sinking fund for the redemption of securities issued by the Corporation except issues of securities repayable serially or in instalments of principal, and the Minister of Finance shall annually pay out of the Consolidated Fund into the sinking fund on the due dates such sums of money as may be fixed by the Lieutenant-Governor in Council at the time of issue of the securities.

16(2)Such funds shall be retained and invested for the account of the Corporation and shall be paid by the Minister of Finance to the Corporation as they are required for repayment of the whole or any part of any securities issued by the Corporation either at or prior to maturity according to the tenor of the securities.