2nd Session, 59th General Assembly
Nova Scotia
55 Elizabeth II, 2006
Darrell Dexter
Cole Harbour
First Reading: May 10, 2006
Second Reading:
Third Reading:
Clause 1 amends the Energy Resources Conservation Act to require the Government to make available interest-free loans for energy-efficiency retrofitting of private homes and eligible small businesses.
Clause 2 adds regulation-making authority respecting the eligibility of small businesses for loans and prescribing loan re-payment terms.
1 Chapter 147 of the Revised Statutes, 1989, the Energy Resources Conservation Act, is amended by adding immediately after Section 12, the following Section:
(a) to a maximum of ten thousand dollars per recipient for the purpose of facilitating energy-efficiency retrofitting of private homes; and
(b) to a maximum of twenty-five thousand dollars per recipient for the purpose of facilitating energy-efficiency retrofitting of eligible small businesses,
upon such re-payment terms as the Governor in Council prescribes.
(2) The moneys required for the purpose of subsection (1) shall be paid out of moneys appropriated by the Legislature for that purpose.
(f) prescribing loan re-payment terms for the purpose of subsection 13(1);