BILL NO. 47

(as introduced)

3rd Session, 58th General Assembly
Nova Scotia
52 Elizabeth II, 2003

Private Bill

Associated Alumni of Acadia College Act,
An Act to incorporate the
(amended)

Mark Parent
Kings North

First Reading: May 8, 2003

(Explanatory Note)

Second Reading: May 9, 2003

Third Reading: May 22, 2003 (LINK TO BILL AS PASSED)

This Bill removes the limitation that the Associated Alumni of Acadia College may not hold real and personal property exceeding in total £10,000 and ensures that any previous acquisition in excess of that amount is not invalid.

Be it enacted by the Governor and Assembly as follows:

1 Section 1 of Chapter 76 of the Acts of 1860, An Act to incorporate the Associated Alumni of Acadia College, is amended by striking out everything after "established" in the fourth last line and substituting a period.

2 Chapter 76 is further amended by adding immediately after Section 1 the following Section:

2 No acquisition of lands, tenements, hereditaments, goods, chattels, property or effects by the society before the coming into force of this Section, whether by way of gift, purchase or any other means, is invalid by reason only that as a result of the acquisition the society held lands, tenements, hereditaments, goods, chattels, property or effects of greater value than ten thousand pounds.