BILL NO. 257
1st Session, 59th General Assembly
54 Elizabeth II, 2005
Fisheries and Coastal Resources Act
The Honourable Chris A. d'Entremont
Minister of Agriculture and Fisheries
First Reading: October 20, 2005
Second Reading: October 24, 2005
Third Reading: November 3, 2005 (WITH COMMITTEE AMENDMENTS) (LINK TO BILL AS PASSED)
Clause 1 removes from the Act the limit on the amount of loan or guarantee of loan the Board can make, without the approval of the Governor in Council, as it can be set out by regulation.Clause 2 provides that the Act comes into force on proclamation.
1 Section 38 of Chapter 25 of the Acts of 1996, the Fisheries and Coastal Resources Act, is amended by striking out "of an amount of five hundred thousand dollars or more" in the second line and substituting "in excess of the amount prescribed by regulation".
2 This Act comes into force on such day as the Governor in Council orders and declares by proclamation.
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