30 Provincial guarantee
(a) the principal and interest of any borrowing by the
Corporation, and
(b) the principal and interest of, and any premiums payable
under, any notes, bonds, mortgages, debentures or other
securities issued by the Corporation, whether issued before
or after the coming into force of this subsection,
is guaranteed by the Government.
(2) The guarantee, in a form and manner that the Lieutenant
Governor in Council approves, may
(a) be endorsed on any notes, bonds, debentures or other
securities issued by the Corporation, and
(b) be signed on behalf of the Government by the President of
Treasury Board and Minister of Finance, the Deputy
Minister of Treasury Board and Finance or any other person
that the Lieutenant Governor in Council may designate.
(3) The signature of the President of Treasury Board and Minister
of Finance, the Deputy Minister of Treasury Board and Finance or
the person designated by the Lieutenant Governor in Council on the
guarantee is conclusive proof that the relevant provisions of this
Act have been complied with.
RSA 2000 cA-25 s30;2006 c23 s8;2013 c10 s7