Thank you, Madam Chairperson. There are no properties. This money is in the budget if the situation arises. This program only applies in the smaller communities. The government has agreed with its employees that if in a certain period of time they are unable to sell their properties, the government will purchase them at ten percent below the appraised value. What we are doing here is we have estimated what we think the potential uptake might be in the course of this fiscal year and are putting money in the budget so that if that situation arises, we can follow through on the policy which we have made available to our employees.
Charles Dent on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on July 30th, 1999. See this statement in context.
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
July 29th, 1999
Page 740
See context to find out what was said next.