BILL NO. 49

(as introduced)

1st Session, 63rd General Assembly
Nova Scotia
66 Elizabeth II, 2017



Private Member's Bill



Education Fund Protection Act



Tim Houston
Pictou East



First Reading: October 17, 2017

(Explanatory Note)

Second Reading:

Third Reading:

[home] [bills] 2017 Bills

Explanatory Note

This Bill provides that registered education savings plans are exempt from seizure under execution under the Judicature Act and, in doing so, by virtue of paragraph 67(1)(b) of the Bankruptcy and Insolvency Act (Canada), exempts registered education savings plans from the property of a bankrupt that may be divided among the bankrupt's creditors.

[home] [bills] 2017 Bills

An Act to Amend Chapter 240
of the Revised Statutes, 1989,
the Judicature Act,
to Protect Education Funds

Be it enacted by the Governor and Assembly as follows:

1 This Act may be cited as the Education Fund Protection Act.

2 Chapter 240 of the Revised Statutes, 1989, the Judicature Act, is amended by renumbering Section 45A as Section 45AA and adding immediately before that Section the following Section:

[home] [bills] 2017 Bills


This page and its contents published by the Office of the Legislative Counsel, Nova Scotia House of Assembly, and © 2017 Crown in right of Nova Scotia. Created October 17, 2017. Send comments to legc.office@gov.ns.ca.