jswizzle3737/ontario_laws_and_regs huggingface dataset:
Borrowing authorized
1. (1) The Lieutenant Governor in Council may borrow in any manner provided by the Financial Administration Act such sums, not exceeding a total aggregate amount of $23.5 billion, as are considered necessary to discharge any indebtedness or obligation of Ontario or to make any payment authorized or required by any Act to be made out of the Consolidated Revenue Fund. 2009, c. 18, Sched. 21, s. 1 (1). Short term borrowing (2) The Lieutenant Governor in Council may raise by way of loan, in addition to the total aggregate amount under subsection (1), such sums not exceeding a total of $10 billion as are considered necessary to discharge any indebtedness or obligation of Ontario or to make any payment authorized or required by any Act to be made out of the Consolidated Revenue Fund, and an order of the Lieutenant Governor in Council under this subsection, (a) shall be made in accordance with section 20 of the Financial Administration Act; and (b) shall authorize the Minister under subsection 20 (7) of that Act to raise by way of loan the amount authorized by the order by the issue and sale of short term securities during a specified period not exceeding 25 years. 2009, c. 18, Sched. 21, s. 1 (2). Other Acts (3) The authority to borrow conferred by this section is in addition to that conferred by any other Act. 2009, c. 18, Sched. 21, s. 1 (3).
Expiry
2. (1) No order in council authorizing borrowing authorized under this Act shall be made after December 31, 2011. 2009, c. 18, Sched. 21, s. 2 (1). Same (2) The Crown shall not borrow money after December 31, 2012 under the authority of an order in council authorizing borrowing under subsection 1 (1) unless, on or before December 31, 2012, (a) the Crown has entered into an agreement to borrow the money under the order in council; or (b) the Crown has entered into an agreement respecting a borrowing program and the agreement enables the Crown to borrow up to a specified limit under the order in council. 2009, c. 18, Sched. 21, s. 2 (2). 3. Omitted (provides for coming into force of provisions of this Act). 2009, c. 18, Sched. 21, s. 3. 4. Omitted (enacts short title of this Act). 2009, c. 18, Sched. 21, s. 4. ______________ Français
Same
3. Omitted (provides for coming into force of provisions of this Act). 2009, c. 18, Sched. 21, s. 3. 4. Omitted (enacts short title of this Act). 2009, c. 18, Sched. 21, s. 4. ______________ Français
Same
4. Omitted (enacts short title of this Act). 2009, c. 18, Sched. 21, s. 4. ______________ Français