# British North America Act 1867, Section 119: Further grant to New Brunswick.


New Brunswick shall receive by half-yearly payments in advance from Canada for the period of ten years from the union an additional allowance of sixty-three thousand dollars per annum; but as long as the public debt of that province remains under seven million dollars, a deduction equal to the interest at five per centum per annum on such deficiency shall be made from that allowance of sixty-three thousand dollars.

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Source: https://www.legislation.gov.uk/ukpga/Vict/30-31/3/section/119 (the official version)
Page: https://openlegislation.uk/british-north-america-act-1867/section-119
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

