Vote on June 4th, 2019
Bill 54 Standard Interest Rates Statutes Amendment Act
Thank you, Mr. Speaker. I move, seconded by the honourable Member for Hay River South, that Bill 54, Standard Interest Rates Statutes Amendment Act, be read for the second time. This bill amends various statutes to adopt a single standard interest rate described under the Financial Administration Act that will apply to GNWT receivables under the statutes. The bill is part of a larger legislative project that seeks to adopt a single standard interest rate applicable to all GNWT receivables. Thank you, Mr. Speaker.
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