The Canadian Budgetary System

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11. The Minister of Finance may, out of the Con- solidated Revenue Fund of Canada, pay, satisfy and dis- charge any judgment, decree, rule, or order of the court in England, which under the provisions of section twenty of The Colonial Stock Act, 1877, is to be complied with by the registrar of the inscribed stock of Canada in Eng- land. 63-64 V. , c. N, s. 3.
12. The Governor in Council may, from time to time, as the interests of the public service require, change the form of any part of the th
...en existing funded debt of Canada, including any debentures for which Canada is liable, by substituting one class of the securities afore- said for another or for such debentures, if neither the capital or the debt, nor the annual charge for interest is thereby increased: Provided that in any case in which four per centum Dominion stock or five per centum Dominion stock or debentures is or are substituted for securities bearing a higher rate of interest, the amount of the capital may be increased by an amount not exceed- ing the difference between the then present value of the 293 THE CANADIAN BUDGETARY SYSTEM security bearing the higher interest and that of the four per centum stock or five per centum stock or debentures substituted for it.

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