Mr. Speaker, I move, seconded by the honourable Member for Deh Cho, that Bill 2, An Act to Amend the Condominium Act, be read for the second time.

Mr. Speaker, this bill amends the Condominium Act. Provisions are added to regulate the development of condominiums and the sale of units, and to permit the development of condominiums in phases and the amalgamation of condominiums. The developer and condominium corporation are required to disclose relevant information to owners, purchases, mortgagees and tenants, and parties are afforded protections where material changes are made in respect of the condominium. Provisions are added to facilitate the transfer of control from the developer to the purchasers of a new condominium development, and to extend protections for tenants on the conversion of rental accommodations to a condominium. Annual general meetings must be convened within fixed periods and with certain mandatory agenda items. The process for making condominium corporation bylaws, including those that provide for sanctions, is clarified, and the requirements for making changes to the declaration and plan, or for terminating a condominium, have been simplified. Affected persons are given a right to apply to the Supreme Court to object to a bylaw or a change to the declaration of plan. The voting rights of owners, and mortgagees in certain cases, are specified. New requirements are added relating to the rental of units and protections are afforded to tenants, owners and the condominium corporations. Requirements for the establishment and use of the common expenses funds are expanded, and a new obligation is placed on condominium corporations to establish a capital reserve fund and develop a comprehensive plan to repair or replace depreciating property. A requirement that a reserve fund study be conducted over five years is added. The condominium corporation is required to obtain insurance with respect to the common elements, sand a number of minor changes are made to the act. The regulation-making powers are expanded to address requirements set out in this bill, and transitional provisions are included to deal with the applications of the amendments after they are brought into force. Thank you, Mr. Speaker.

Thank you, Mr. Bell. Motion is on the floor. Motion is in order. To the principle of the bill.

Question is being called. All those in favour? All those opposed? The motion is carried.

---Carried

Bill 2 has had second reading and is referred to a standing committee.

Second reading of bills. The honourable Minister responsible for Justice, Mr. Bell.

Mr. Speaker, I seek consent to proceed with second reading of Bill 1, An Act to Amend the Partnership Act.

The Minister is seeking consent to proceed with second reading of Bill 1. Are there any

nays? There are no nays. You may proceed with second reading, Mr. Bell.

Thank you, Mr. Bell. Motion is on the floor. Motion is in order. To the principle of the bill.

Question is being called. All those in favour? All those opposed? The motion is carried.

---Carried

Bill 1 has had second reading and is referred to a standing committee.

Second reading of bills. Consideration in Committee of the Whole of bills and other matters. Report of Committee of the Whole. Third reading of bills. Mr. Clerk, orders of the day.

Thank you, Mr. Clerk. Colleagues, before we adjourn today, I would like to take this opportunity to thank all of the Pages who have served us over the last five weeks...

---Applause

...and wish them continued success in their academic endeavours. We have had students from the following schools and communities: Sir John Franklin and William McDonald schools in Yellowknife;

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...and from the communities of Fort Resolution, Hay River, Whati and Inuvik.

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Our thanks to the Pages, their chaperons and the Page Program organizers.

Members, I know that when you leave this House today, you are all heading into a very busy spring. Although the House will not meet again until early in May, the work of government, committees and representing your constituents continues.

Committees are travelling throughout the Territories in April to consult with the people of the North on a number of important issues. I encourage all northerners to take part in their consultations and public meetings whenever possible. Your input is a vital component to the work we do here, and these consultations are your opportunity to make a contribution.

Also, Members, a reminder that the territorial Youth Parliament will be meeting in this House during the week of April 30th to May 4th. This is a wonderful opportunity for the youth of our territory to obtain first-hand experience and knowledge of the workings of government. As I stated last week, the theme of the 2007 Youth Parliament will focus on enhancing the role of women and politics. In continuing with this theme of women as leaders, our Legislature will also host, during that same week, a meeting of the Commonwealth women parliamentarians. It will be an exciting week for our Legislature, allowing our young men and women -- our future leaders -- an opportunity to meet and learn from the experienced parliamentarians.

Until we meet again in May, I wish all Members safe travels and good health.

Accordingly, I adjourn this House until May 9, 2007, at 1:30 p.m.

---Applause

---ADJOURNMENT

The House adjourned at 16:27 p.m.