29(1)The Lieutenant-Governor in Council is authorized on such terms as may be approved by Order in Council to guarantee the payment of the principal of and interest on, and any premium on redemption in advance of maturity or other obligation for the payment of money borrowed by the Corporation or provided for or contained in, any notes, bonds, debentures or other securities issued by the Corporation.

29(2)The form and manner of any guarantee or guarantees given under subsection (1) shall be such as the Lieutenant-Governor in Council may approve.

29(3)Any guarantee or guarantees given under subsection (1) shall be signed by the Minister of Finance and Treasury Board, or such other officer or officers as may be designated by the Lieutenant-Governor in Council, and when the guarantee is so signed, the Province shall become liable for the payment of the principal of and interest on, and any premium on redemption in advance of maturity or other obligation for the payment of money borrowed by the Corporation or provided for or contained in the notes, bonds, debentures and securities guaranteed, according to the tenor of them.

29(4)The Lieutenant-Governor in Council is authorized to make arrangements for supplying the money necessary to fulfill the requirements of the guarantee or guarantees and to advance the money necessary for that purpose out of the Consolidated Fund and, in the hands of any holder of any such notes, bonds, debentures or other securities, any guarantee so signed shall be conclusive evidence that the terms of this section have been complied with.

29(5)The signature of the Minister of Finance and Treasury Board or such other officer or officers as may be designated by the Lieutenant-Governor in Council under subsection (3) on the guarantee or guarantees given under subsection (1) may be engraved, lithographed, printed or otherwise mechanically reproduced and such mechanically reproduced signature has the same force and effect as if manually affixed and is valid and binding notwithstanding that the person whose signature is so reproduced ceased to hold office before the date or issue of the security.

29(1)The Lieutenant-Governor in Council is authorized on such terms as may be approved by Order in Council to guarantee the payment of the principal of and interest on, and any premium on redemption in advance of maturity or other obligation for the payment of money borrowed by the Corporation or provided for or contained in, any notes, bonds, debentures or other securities issued by the Corporation.

29(2)The form and manner of any guarantee or guarantees given under subsection (1) shall be such as the Lieutenant-Governor in Council may approve.

29(3)Any guarantee or guarantees given under subsection (1) shall be signed by the Minister of Finance, or such other officer or officers as may be designated by the Lieutenant-Governor in Council, and when the guarantee is so signed, the Province shall become liable for the payment of the principal of and interest on, and any premium on redemption in advance of maturity or other obligation for the payment of money borrowed by the Corporation or provided for or contained in the notes, bonds, debentures and securities guaranteed, according to the tenor of them.

29(4)The Lieutenant-Governor in Council is authorized to make arrangements for supplying the money necessary to fulfill the requirements of the guarantee or guarantees and to advance the money necessary for that purpose out of the Consolidated Fund and, in the hands of any holder of any such notes, bonds, debentures or other securities, any guarantee so signed shall be conclusive evidence that the terms of this section have been complied with.

29(5)The signature of the Minister of Finance or such other officer or officers as may be designated by the Lieutenant-Governor in Council under subsection (3) on the guarantee or guarantees given under subsection (1) may be engraved, lithographed, printed or otherwise mechanically reproduced and such mechanically reproduced signature has the same force and effect as if manually affixed and is valid and binding notwithstanding that the person whose signature is so reproduced ceased to hold office before the date or issue of the security.