His Excellency the Governor General in Council, on the recommendation of the Minister of Indian Affairs and Northern Development, pursuant to paragraphs 85(3)(c), 85(4)(b) and 89(a) of the First Nations Fiscal and Statistical Management Act a, hereby makes the annexed Credit Enhancement Fund Use Regulations. S.C. 2005, c. 9
In addition to the use permitted under paragraphs 85(3)(a) and (b) and 85(4)(a) of the First Nations Fiscal Management Act, the investment income and capital of the credit enhancement fund may be used to repay any debt arising in respect of any amounts paid to the Authority by His Majesty the King in right of Canada to provision the fund.
These Regulations come into force on the day on which they are registered.