Historical Information The Information below relates to a previous session of the Legislative Assembly.

Bill 7, An Act to Amend the Co-operative Associations Act

Government Bill

12th Assembly, 7th Session

Introduced on Nov. 16, 1994

Bill Sponsor

The Honourable

Stephen Kakfwi

Sahtu

Events

Timeline of key legislative events

First Reading
Completed Nov. 16, 1994 (Debate | Vote)

Second Reading
Completed Nov. 16, 1994 (Debate | Vote)

Third Reading
Completed Feb. 20, 1995 (Debate | Vote)

Commissioner's Assent
Completed Feb. 24, 1995 (Debate)

Status

Law (Assent given) as of Feb. 24, 1995

This bill has received Commissioner's Assent and is now law (but may not be in force yet).

Bill Text

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Related Votes

Feb. 20, 1995 Passed Mr. Speaker, I move, seconded by the Honourable Member for Mackenzie Delta, that Bill 7, An Act to Amend the Co-operative Associations Act, be read for the third time.

Nov. 16, 1994 Passed Mr. Speaker, I move, seconded by the honourable Member for Keewatin Central, that Bill 7, An Act to Amend the Co-operative Associations Act, be read for the second time. Mr. Speaker, this bill amends the Co-operative Associations Act to provide that the Minister instead of the Commissioner is to receive inquiry reports, action inquiry reports and approve the registration of a federation of co-operatives. The bill makes the process for application for registration of an extra-territorial co-operative association and an amalgamated co-operative association similar to the incorporated process. This bill also allows the issuance of restricted preferred shares and sets out the procedure for electing directors to represent those shareholders, the bill removes the requirement for the members of the co-operative association to sign the standard by-laws and streamlines the registration process for by-laws. The bill also removes the requirement for the registrar to publish a notice two months before dissolving a co-operative association.

Nov. 16, 1994 Passed Mr. Speaker, I move, seconded by the honourable Member for Hay River, that Bill 7, An Act to Amend the Co-operative Associations Act, be read for the first time.