Thank you, Mr. Chairman. The authorized fund limit is an amount that's set in the establishment of the revolving fund in the relevant legislation. What it simply means is the commission is authorized by the Legislative Assembly to receive interest-free working capital advances from time to time that don't exceed $6.5 million to finance its operations. It's simply an amount that's established in the revolving fund legislation and it doesn't represent an actual fund held by the Liquor Commission.
Ms. Melhorn on Committee Motion 48-15(5) Establishment Of A Boards And Agencies Review Unit, Carried
In the Legislative Assembly on March 7th, 2007. See this statement in context.
Committee Motion 48-15(5) Establishment Of A Boards And Agencies Review Unit, Carried
Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
March 7th, 2007
Page 1331
Melhorn
See context to find out what was said next.