16.5 (1) Repealed:  2002, c. 8, Sched. B, s. 10. Investment in Ontario securities (2) Despite any Act or regulation, every ministry or public entity may invest money held outside the Consolidated Revenue Fund and belonging to it or held by it in trust for the Crown in the purchase, acquisition or holding of, (a) notes, bonds, debentures, deposit receipts, short term securities or other evidences of indebtedness issued or guaranteed as to principal and interest by Ontario; or (b) any security, financial agreement or evidence of indebtedness, or class of securities, financial agreements or evidences of indebtedness, authorized in writing by the Minister of Finance for the investment by the ministry or public entity named in the authorization of funds from time to time held by that ministry or public entity outside the Consolidated Revenue Fund. (c)  Repealed:  2004, c. 31, Sched. 13, s. 4 (1). 1996, c. 29, s. 3; 2004, c. 31, Sched. 13, s. 4 (1); 2010, c. 1, Sched. 7, s. 19 (1, 2). Minister of Finance may issue and sell securities (3) In addition to the issue and sale of securities authorized under any other Act or under any other provision of this Act, the Minister of Finance may issue and sell on behalf of Ontario in accordance with this section notes, bonds, debentures, deposit receipts, short term securities and other evidences of indebtedness to any ministry or public entity for the purposes of an investment that the ministry or public entity is authorized to make under clause (2) (a) or (c).  1996, c. 29, s. 3; 2004, c. 31, Sched. 13, s. 4 (2); 2010, c. 1, Sched. 7, s. 19 (3). Same (4) For any note, bond, debenture, deposit receipt, short term security or other evidence of indebtedness issued and sold by the Minister of Finance under subsection (3), the Minister of Finance may determine the date of issue and maturity, the rate or rates and the date or dates of the payment of interest, if any, the price or prices for which any of them may be sold, and subject to subsection (5), such other conditions as the Minister of Finance considers appropriate.  1996, c. 29, s. 3. Same (5) A note, bond, debenture, deposit receipt, short term security or other evidence of indebtedness issued and sold under subsection (3), (a) shall state on its face that it is issued under this section; (b) shall not be paid, renewed, repaid or replaced under section 21; (c) may provide that it shall not be assigned or pledged as security by the holder thereof and may be sold only to Ontario or the Ontario Financing Authority; and (d) shall be deemed not to be a loan for the purpose of section 18.  1996, c. 29, s. 3. Authorized investments (6) An investment pursuant to this section or section 16.6 by, or on behalf of, a ministry or public entity of all or any part of the assets belonging to it or held by it in trust for the Crown shall not be deemed to be contrary to or prevented by any rule of law or enactment.  1996, c. 29, s. 3; 2010, c. 1, Sched. 7, s. 19 (4). Section Amendments with date in force (d/m/y) 1996, c. 29, s. 3 - 9/12/1996 2002, c. 8, Sched. B, s. 10 - 5/01/2005 2004, c. 31, Sched. 13, s. 4 (1-2) - 16/12/2004 2010, c. 1, Sched. 7, s. 19 (1-4) - 1/04/2010 Financial activities