Thank you Mr. Speaker and colleagues. I move, seconded by the honourable Member for Aivilik, that Bill 23, Nunavut Legal Registries Statutes Amendment Act, be read for the second time. Mr. Speaker, this bill amends the Nunavut Business Corporations Act, Co-operative Associations Act, Land Titles Act, Partnership Act, Securities Act, and Societies Act to implement plans and

agreements relating to the establishment of Nunavut. Provisions are added to the relevant statutes to provide that business corporations, extra-territorial corporations, societies, co-operatives, limited partnerships and extra-territorial limited partnerships are deemed to have been incorporated, registered or formed under the Nunavut statutes if the registered office, locality of operations or general partners of the entity, as the case may be, are in Nunavut on April 1, 1999.

In addition, the Nunavut Land Titles Act is amended to allow the Land Titles Office to be located outside Nunavut. Thank you, Mr. Speaker.