An Act to amend the Financial Administration Act (borrowing of money)

This bill was last introduced in the 40th Parliament, 3rd Session, which ended in March 2011.

Status

Second reading (Senate), as of March 23, 2011
(This bill did not become law.)

Summary

This is from the published bill. The Library of Parliament often publishes better independent summaries.

This enactment amends Part IV (Public Debt) of the Financial Administration Act to restrict the circumstances in which the Governor in Council may authorize the borrowing of money without legislative approval.

Elsewhere

All sorts of information on this bill is available at LEGISinfo, provided by the Library of Parliament. You can also read the full text of the bill.