# British North America Act 1867, Section 115: Debt of New Brunswick.


New Brunswick shall be liable to Canada for the amount (if any) by which its public debt exceeds at the union seven million dollars, and shall be charged with interest at the rate of five per centum per annum thereon.

---
Source: https://www.legislation.gov.uk/ukpga/Vict/30-31/3/section/115 (the official version)
Page: https://openlegislation.uk/british-north-america-act-1867/section-115
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

