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OC 145/2009 - Advance of Long-term Funds to SaskEnergy Incorporated $50,000,000 (Minister of Finance/Minister of Crown Corporations)
Description:

Title: Advance of Long-term Funds to SaskEnergy Incorporated $50,000,000

Minister: Minister of Finance and Minister of Crown Corporations

Summary: Orders that it is approved that the Minister of Finance advance to SaskEnergy Incorporated, and that SaskEnergy Incorporated borrow from the Minister of Finance for its purposes, an aggregate principal amount of Fifty Million Dollars ($50,000,000) (the “Principal Amount”) by an advance of the Principal Amount in relation to the Debentures set out opposite the Principal Amount in the attached Schedule A, upon the terms and conditions set out in this Order in Council.

See: The SaskEnergy Act, sections 38 and 39





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