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Bill 18, An Act to Amend the Public Trustees Act

Government Bill

13th Assembly, 3rd Session

Introduced on Oct. 7, 1996

Events

Timeline of key legislative events

  • First Reading
    Completed Oct. 7, 1996 (Debate | Vote)
  • Second Reading
    Completed Oct. 8, 1996 (Debate | Vote)
  • Third Reading
    Completed Oct. 17, 1996 (Debate | Vote)
  • Commissioner's Assent
    Completed Oct. 18, 1996 (Debate)
  • Status

    Bill Text



    Related Votes

    Oct. 17, 1996 Passed Mr. Speaker, I move, seconded by the honourable Member for Tu Nedhe, that Bill 18, an Act to Amend the Public Trustee Act be read for the third time.
    Oct. 8, 1996 Passed Thank you, Mr. Speaker. Mr. Speaker, I move, seconded by the honourable Member of Nahendeh that Bill 18, an Act to Amend the Public Trustee Act be read for the second time. Mr. Speaker, this Bill amends the Public Trustee Act to provide that excess interest earned by the investment of the common fund to be paid into the Consolidated Revenue Fund, rather than into a special reserve fund. The Government of the Northwest Territories guarantees that the common fund will meet all lawful claims, and if necessary, funds will be appropriated out of the Consolidated Revenue Fund to meet this guarantee. When this bill comes into force, the special reserve fund will be wound up and the monies within the fund will be paid into the Consolidated Revenue Fund. Thank you, Mr. Speaker.
    Oct. 7, 1996 Passed Mr. Speaker. I move, seconded by the honourable Member for Aivilik that Bill 18, An Act to Amend the Public Trustee Act be read for the first time.

    Discussion & Mentions

    Item 21: Third Reading Of Bills
    Item 21: Third Reading Of Bills

    October 18th, 1996

    Page 1320


    See context

    Commissioner Maksagak

    As Commissioner of the Northwest Territories it gives me pleasure to assent to the following Bills: Bill 17, Business Corporations Act; Bill 18, An Act to Amend the Public Trustees Act; Bill 19, Electoral Boundaries

    Commissions Act; Bill 20, Supplementary Appropriation Act, No. 1, 1996-97, and Bill 21, An Act to Amend Access to Information and Protection of Privacy Act.

    Mr. Speaker, and Members of the Legislative Assembly. Preparation for division of the Northwest Territories in 1999, which will create two new territories, continues at a steady pace. I was pleased to be advised that the November sitting of the Fourth Session would be devoted primarily to the consideration of constitutional development matters for Nunavut and the new western Territory.

    Prior to proroguing this session, I wish to announce that the Fourth Session of the 13th Legislative Assembly will convene on Tuesday, November 26, 1996, at 1:30 p.m.

    As Commissioner of the Northwest Territories, I hereby prorogue the Third Session of the 13th Legislative Assembly.

    Item 21: Third Reading Of Bills
    Item 21: Third Reading Of Bills

    October 17th, 1996

    Page 1274


    See context

    Kelvin Ng Kitikmeot

    Mr. Speaker, I move, seconded by the honourable Member for Tu Nedhe, that Bill 18, an Act to Amend the Public Trustee Act be read for the third time.

    Item 18: Second Reading Of Bills
    Item 18: Second Reading Of Bills

    October 7th, 1996

    Page 981


    See context

    Kelvin Ng Kitikmeot

    Thank you, Mr. Speaker. Mr. Speaker, I move, seconded by the honourable Member of Nahendeh that Bill 18, an Act to Amend the Public Trustee Act be read for the second time. Mr. Speaker, this Bill amends the Public Trustee Act to provide that excess interest earned by the investment of the common fund to be paid into the Consolidated Revenue Fund, rather than into a special reserve fund. The Government of the Northwest Territories guarantees that the common fund will meet all lawful claims, and if necessary, funds will be appropriated out of the Consolidated Revenue Fund to meet this guarantee. When this bill comes into force, the special reserve fund will be wound up and the monies within the fund will be paid into the Consolidated Revenue Fund. Thank you, Mr. Speaker.

    Bill 18: An Act To Amend The Public Trustee Act
    Item 17: First Reading Of Bills

    October 6th, 1996

    Page 928


    See context

    Kelvin Ng Kitikmeot

    Mr. Speaker. I move, seconded by the honourable Member for Aivilik that Bill 18, An Act to Amend the Public Trustee Act be read for the first time.