Thank you. Schedule E, Amendments to the Securities Act, item 1. Agreed?
Debates of Dec. 8th, 1998
This is page numbers 585 - 623 of the Hansard for the 13th Assembly, 6th Session. The original version can be accessed on the Legislative Assembly's website or by contacting the Legislative Assembly Library. The word of the day was nunavut.
Topics
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 609
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 609
Some Hon. Members
Agreed.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 609
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 609
Some Hon. Members
Agreed.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 609
The Chair Jane Groenewegen
Thank you. Please return to Page 1, Business Corporations Act, clause 1. Agreed?
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 609
Some Hon. Members
Agreed.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
December 7th, 1998
Page 609
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 609
Some Hon. Members
Agreed.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 609
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 609
Some Hon. Members
Agreed.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 609
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 609
Some Hon. Members
Agreed.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 609
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 609
Some Hon. Members
Agreed.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 609
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 609
Some Hon. Members
Agreed.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 609
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 609
Some Hon. Members
Agreed.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 609
The Chair Jane Groenewegen
Thank you. Does the committee agree that Bill 22 is ready for third reading?
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 609
Some Hon. Members
Agreed.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 609
The Chair Jane Groenewegen
Thank you. Bill 22 is now ready for third reading. Thank you. Mr. Arlooktoo, Mr. Aitken and...what happened? Oh no, I think it is okay...Mr.
Arlooktoo could just remain seated at the witness table to continue with Bill 23. Great. Thank you. Bill 23, Nunavut Legal Registries Statutes Amendment Act. Mr. Arlooktoo, could you please introduce the bill?
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 610
Goo Arlooktoo Baffin South
Thank you, Madam Chairperson. I earlier spoke to Bill 22 and in so doing, summarized the primary purpose of this bill as well. As noted at that time, the two bills together will have the effect of transferring responsibility for corporations and limited partnerships to the applicable legislation in Nunavut where these corporations of limited partnerships are most closely connected with Nunavut. At the same time, existing corporations and limited partnerships may continue to operate in both territories until March 31, 2001 without registration as an extra-territorial corporation or extra-territorial limited partnership.
Madam Chairperson, in addition, this bill would amend the Land Titles Act to provide that the Nunavut Land Titles Office may be temporarily located outside of Nunavut. Current plans would see that the office be located in Yellowknife for a transitional period.
At this time, I would like to acknowledge the role of the Office of the Interim Commissioner and their staff, NTI and their staff in the review of both the legal registries bills, as well as a Special Committee on Nunavut Legislation for its review and support of this bill. I would be pleased to answer any questions the committee may have. Thank you, Madam Chairperson.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 610
The Chair Jane Groenewegen
Thank you, Mr. Arlooktoo. The Special Committee on Nunavut Legislation has reviewed and I am going to ask Mr. Barnabas if he would bring the committee's remarks. Mr. Barnabas.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 610
Levi Barnabas High Arctic
Thank you, Madam Chairperson. The Special Committee on Nunavut Legislation reviewed Bill 23, Nunavut Legal Registries Statutes Amendment Act, at its meeting on December 4, 1998. The committee would like to thank the Honourable Goo Arlooktoo and his officials for presenting the bill and responding to issues raised by the committee.
Madam Chairperson, this bill makes technical amendments to the Business Corporations Act, the Co-operative Associations Act, the Partnership Act and the Societies Act that will assist those bodies in making the transition to two new territories. The amendments provide that NWT corporations, co-ops, partnerships and societies primarily located in Nunavut as of March 31, 1999, will be deemed as of April 1, 1999, to have been formed under Nunavut legislation. NWT bodies will be able to carry on business in Nunavut without having to register as an extra-territorial body until March 31, 2001. Other transitional provisions allow Nunavut bodies to use offices and addresses in the NWT until March 31, 2001.
This bill would also amend the Land Titles Act to allow the Northwest Territories to provide land titles registration services to Nunavut for so long as the Nunavut Minister considers advisable. A further transitional section is added to the Securities Act to allow addresses in the NWT to be used.
Madam Chairperson, the special committee had no concerns with this bill. This concludes the special committee's comments on Bill 23, the Nunavut Legal Registries Statutes Amendment Act. Thank you, Madam Chairperson.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 610
The Chair Jane Groenewegen
Thank you, Mr. Barnabas. General comments. Mr. Clerk, do we have to introduce the witnesses again? For the record, we should recognize the witnesses again. Mr. Arlooktoo.