Order Respecting the Remission of Interest Payments Owing to the Government of Canada on Loans Made to the Republic of Cameroon, the Republic of Madagascar and the Republic of Zambia (SI/2001-23)
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Regulations are current to 2024-10-14
Order Respecting the Remission of Interest Payments Owing to the Government of Canada on Loans Made to the Republic of Cameroon, the Republic of Madagascar and the Republic of Zambia
SI/2001-23
Registration 2001-02-14
Order Respecting the Remission of Interest Payments Owing to the Government of Canada on Loans Made to the Republic of Cameroon, the Republic of Madagascar and the Republic of Zambia
P.C. 2001-146 2001-01-30
Her Excellency the Governor General in Council, considering that the remission of accrued interest payments owing to the Government of Canada on loans made to the Republic of Cameroon, the Republic of Madagascar and the Republic of Zambia through the Canada Account is in the public interest, on the recommendation of the Minister of Finance, the Minister of Foreign Affairs and the Treasury Board, pursuant to subsection 23(2.1)Footnote a of the Financial Administration Act, hereby makes the annexed Order Respecting the Remission of Interest Payments Owing to the Government of Canada on Loans Made to the Republic of Cameroon, the Republic of Madagascar and the Republic of Zambia.
Return to footnote aS.C. 1991, c. 24, s. 7(2)
Remission
1 Remission is hereby granted to a country set out in column 1 of the schedule in the amount set out in column 2, which amount shall not be repaid and represents the amount of accrued interest owing to the Government of Canada on loans made through the Canada Account.
SCHEDULE(Section 1)
| Item | Column 1 | Column 2 |
|---|---|---|
| Country | Interest | |
| 1 | Republic of Cameroon | 200,000 CAD |
| 2 | Republic of Madagascar | 2,400,000 CAD |
| 3 | Republic of Zambia | 100,000 CAD |
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