Point in Time - British Columbia Railway Finance Act

“Point in Time” Act Content

BRITISH COLUMBIA RAILWAY FINANCE ACT

[RSBC 1996] CHAPTER 37

SECTION	EFFECTIVE DATE
NOTE: Links below go to act content as it was prior to the changes made on the effective date. (PIT covers changes made from September 6, 2000 to "current to" date of the act.)
5	November 2, 2017
17	December 4, 2006

Section 5 (a) BEFORE amended by 2017-10-4, effective November 2, 2017 (Royal Assent).

(a) borrowing money from the Canada Pension Plan Investment Fund established under the Canada Pension Plan, and

Section 17 BEFORE amended by BC Reg 343/2006 under RS1996-440-12, effective December 4, 2006 (BC Reg 343/06).

Investment of surplus funds

17 The minister may invest any funds raised under this Act in the hands of the company which it certifies are not immediately required for its purposes in investments permitted for a trust fund under section 36 (2) of the Financial Administration Act, and may sell the securities as and when the minister thinks expedient, but the authority does not extend to sinking funds provided under this Act.