3 (1) When the Minister of Finance considers it advisable for the sound and efficient management of public money, the public debt, the Consolidated Revenue Fund or any other fund for which the Minister of Finance is responsible, the Minister of Finance may purchase, acquire, hold or enter into, (a) notes, bonds, debentures and other evidences of indebtedness issued or guaranteed as to principal and interest by, (i) Canada, Ontario or another province of Canada, (ii) a municipality in Canada, (iii) a country other than Canada or a political subdivision of a country other than Canada, (iv) an agency of the Government of Canada, a province of Canada or a country other than Canada, (v) a bank or financial institution that is supervised or examined by the central bank or other governmental authority in the jurisdiction in which the bank or financial institution carries on business, or (vi) a supranational financial institution or governmental organization; (b) deposit receipts, deposit notes, certificates of deposit, acceptances and other investment instruments issued, guaranteed or endorsed by a financial institution authorized to carry on business in Canada; (c) bills, notes, acceptances and other investment instruments issued, guaranteed or endorsed by a corporation engaged in commerce that is authorized to carry on business in Canada; (d) foreign currency exchange agreements, spot foreign currency agreements and forward foreign currency agreements; (e) interest rate and currency exchange agreements and forward rate agreements; (f) bond futures agreements, bankers’ acceptance futures agreements, foreign currency exchange futures agreements and other similar financial futures agreements; (g) agreements to sell or purchase the right to exercise an option, put or call, or any combination of them; (g.1) securities loan agreements, repurchase or reverse repurchase agreements relating to securities issued by Ontario or to any financial instrument or agreement in which the Minister of Finance is authorized to invest under this subsection; (h) agreements to sell short a security, financial instrument or agreement in which the Minister of Finance is authorized to invest under this subsection; (h.1) for the purposes of a proxy investment fund established under subsection 7.1 (1), securities, financial agreements, investments and evidences of indebtedness, subject to any terms, conditions or restrictions prescribed by the regulations made under this Act; and (i) other securities, financial agreements, investments and evidences of indebtedness authorized by or belonging to a class authorized by the Lieutenant Governor in Council.  1991, c. 55, s. 2; 1994, c. 17, s. 62 (2); 1996, c. 24, s. 34 (1); 2020, c. 36, Sched. 13, s. 2. Terms and conditions (2) A purchase, acquisition, holding or entering into mentioned in subsection (1) may be subject to such terms and conditions as the Minister of Finance considers advisable.  R.S.O. 1990, c. F.12, s. 3 (2); 1994, c. 17, s. 62 (2). Investment not a loan (2.1) Any bill, instrument, agreement, investment or evidence of indebtedness that the Minister of Finance purchases, acquires, holds or enters into under subsection (1) shall be deemed not to be a loan for the purposes of section 18.  1996, c. 24, s. 34 (2). Payment out of Consolidated Revenue Fund (3) The money required for the purposes of subsection (1), or in respect of the performance of a contract or agreement mentioned in subsection (1), is a charge upon and payable out of the Consolidated Revenue Fund.  R.S.O. 1990, c. F.12, s. 3 (3). Sale or disposal (4) The Minister of Finance may sell or dispose of anything mentioned in subsection (1) purchased, acquired, held or entered into by the Minister of Finance, and the proceeds of the sale or disposition shall be deposited to the credit of the Consolidated Revenue Fund.  R.S.O. 1990, c. F.12, s. 3 (4); 1994, c. 17, s. 62 (2). Agreements (4.1) The Minister of Finance may enter into agreements or arrangements with custodians, brokers, clearing organizations, trading facilities, trade repositories, financial institutions and any other entities the Minister of Finance determines necessary and advisable in connection with the purchase, acquisition, holding, entering into, performance, sale or disposition of anything mentioned in subsection (1).  2012, c. 8, Sched. 14, s. 4. Fees, commissions or expenses (5) Fees, commissions or expenses incurred by the Minister of Finance in respect of the purchase, acquisition, holding, entering into, performance, sale or disposition of anything mentioned in subsection (1) are a charge upon and payable out of the Consolidated Revenue Fund.  R.S.O. 1990, c. F.12, s. 3 (5); 1994, c. 17, s. 62 (2). Same, agreements or arrangements (6) Fees, commissions or expenses incurred by the Minister of Finance in respect of any agreements or arrangements entered into under subsection (4.1) are a charge upon and payable out of the Consolidated Revenue Fund.  2012, c. 8, Sched. 14, s. 4. Section Amendments with date in force (d/m/y) 1991, c. 55, s. 2 - 19/12/1991; 1994, c. 17, s. 62 (2) - 23/06/1994; 1996, c. 24, s. 34 - 31/10/1996 2012, c. 8, Sched. 14, s. 4 - 20/06/2012 2020, c. 36, Sched. 13, s. 2 - 01/03/2022