Thank you, Madam Chair. Madam Chair, on behalf of the Management and Services Board, I would like to present Bill 12 which amends the Legislative Assembly and Executive Council Act.
The amendments require a Member of the Legislative Assembly to file a supplemental disclosure statement where there is a change in his or her financial circumstances as reported in the annual disclosure statement. The Clerk of the Legislative Assembly will then prepare a supplemental public disclosure statement for public reference.
Madam Chair, the need for a provision in the act to address public disclosure of a material change to a Member's circumstances came about as a result of the conflict inquiry that was held in March of 1995. The Commission of Inquiry noted that there may not have been the need to hold an expensive public inquiry had there been a provision for supplemental filings by Members. Madam Chair, this recommendation was endorsed in the annual report of the Conflict of Interest Commission, dated May 12, 1995. Bill 12, Madam Chair, also makes a number of minor housekeeping amendments to the act. Thank you, Madam Chair.