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OC 362/2012 - The Global Transportation Hub Authority – Approval to Borrow $40,000,000 (Minister Responsible for The Global Transportation Hub Authority)
Description:

Title: The Global Transportation Hub Authority – Approval to Borrow $40,000,000

Minister: Minister Responsible for The Global Transportation Hub Authority

Summary: Orders that The Global Transportation Hub Authority is approved to borrow from time to time for its purposes, by way of temporary loans, bank overdraft or line of credit from any chartered bank, trust corporation licensed pursuant to The Trust and Loan Corporations Act, 1997 or credit union incorporated or continued pursuant to The Credit Union Act, 1998, amounts not exceeding in the aggregate the principal sum of $40 million.

See: The Crown Corporations Act, 1993, section 41





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