This is page numbers 557 to 594 of the Hansard for the 16th Assembly, 2nd 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 budget.

Topics

Bill 7 Securities Act
Consideration in Committee of the Whole of Bills and Other Matters

The Chair

The Chair David Krutko

Thank you, Mr. McLeod. At this time, I’d like to ask the Minister responsible for the bill if he’d be bringing any witnesses. Mr. Lafferty.

Bill 7 Securities Act
Consideration in Committee of the Whole of Bills and Other Matters

Jackson Lafferty

Jackson Lafferty Monfwi

Yes, Mr. Chair.

Bill 7 Securities Act
Consideration in Committee of the Whole of Bills and Other Matters

The Chair

The Chair David Krutko

Does committee agree that the Minister brings in his witnesses?

Bill 7 Securities Act
Consideration in Committee of the Whole of Bills and Other Matters

Some Honourable Members

Agreed.

Bill 7 Securities Act
Consideration in Committee of the Whole of Bills and Other Matters

The Chair

The Chair David Krutko

Sergeant-at-Arms, escort the witness in. Mr. Lafferty, can you introduce your witnesses for the record.

Bill 7 Securities Act
Consideration in Committee of the Whole of Bills and Other Matters

Jackson Lafferty

Jackson Lafferty Monfwi

Mahsi, Mr. Chair. I have with me here Mr. Gary MacDougall, director of legal registries, and Mr. Mark Aitken, director of legislation division. Mahsi.

Bill 7 Securities Act
Consideration in Committee of the Whole of Bills and Other Matters

The Chair

The Chair David Krutko

Thank you, Mr. Minister. Welcome, witnesses.

I would like now to open the floor for general comments on Bill 7. Does the committee agree that no further general comments are needed and we can go clause by clause to review Bill 7? Members may note that Bill 7 consists of 186 clauses. For the interests of efficiency, I suggest to the Members that we deal with the clauses in groups of about 19 to 20. Members will, of course, have the ability to ask questions on any of the clauses within that grouping. Do Members agree with this approach?

Bill 7 Securities Act
Consideration in Committee of the Whole of Bills and Other Matters

Some Honourable Members

Agreed.

Bill 7 Securities Act
Consideration in Committee of the Whole of Bills and Other Matters

The Chair

The Chair David Krutko

Thank you. We will proceed with consideration on Bill 7, clause by clause. Clauses 1 to 20.

Clauses 1 through 20 inclusive approved.

Bill 7 Securities Act
Consideration in Committee of the Whole of Bills and Other Matters

The Chair

The Chair David Krutko

Clauses 21 to 40, pages 40-47.

Clauses 21 through 40 inclusive approved.

Bill 7 Securities Act
Consideration in Committee of the Whole of Bills and Other Matters

The Chair

The Chair David Krutko

Clauses 41 to 60.

Clauses 41 through 60 inclusive approved.

Bill 7 Securities Act
Consideration in Committee of the Whole of Bills and Other Matters

The Chair

The Chair David Krutko

Clauses 61 to 80, pages 57-68.

Clauses 61 through 80 inclusive approved.

Bill 7 Securities Act
Consideration in Committee of the Whole of Bills and Other Matters

The Chair

The Chair David Krutko

Clauses 81 to 100, pages 69-77.

Clauses 81 through 100 inclusive approved.

Bill 7 Securities Act
Consideration in Committee of the Whole of Bills and Other Matters

The Chair

The Chair David Krutko

Clauses 101 to 120, pages 78-99.

Clauses 101 through 120 inclusive approved.

Bill 7 Securities Act
Consideration in Committee of the Whole of Bills and Other Matters

The Chair

The Chair David Krutko

Clauses 121 to 140, pages 101-125.

Clauses 121 through 140 inclusive approved.

Bill 7 Securities Act
Consideration in Committee of the Whole of Bills and Other Matters

The Chair

The Chair David Krutko

Clauses 141 to160, pages 125-138.

Clauses 141 through 160 inclusive approved.

Bill 7 Securities Act
Consideration in Committee of the Whole of Bills and Other Matters

The Chair

The Chair David Krutko

Clauses 161 to 180, pages 138-172.

Clauses 161 through 180 inclusive approved.

Bill 7 Securities Act
Consideration in Committee of the Whole of Bills and Other Matters

The Chair

The Chair David Krutko

Clauses 181 to 186, pages 173-179.

Clauses 181 through 186 inclusive approved.

Bill 7 Securities Act
Consideration in Committee of the Whole of Bills and Other Matters

The Chair

The Chair David Krutko

The bill as a whole.

Bill 7 as a whole approved.

Bill 7 Securities Act
Consideration in Committee of the Whole of Bills and Other Matters

The Chair

The Chair David Krutko

Does the committee agree that Bill 7 is ready for third reading?

Bill 7 approved for third reading.

Bill 7 Securities Act
Consideration in Committee of the Whole of Bills and Other Matters

The Chair

The Chair David Krutko

Bill 7 is now ready for third reading.

I’d like to thank the Minister and his witnesses. Sergeant-at-Arms, could you escort the witnesses out.

With that, I conclude the two items we agreed to deal with earlier. What is the wish of the committee?

Bill 7 Securities Act
Consideration in Committee of the Whole of Bills and Other Matters

Jane Groenewegen

Jane Groenewegen Hay River South

Mr. Chairman, I would like to move that we report progress.

Motion carried.

Report of Committee of the Whole
Report of Committee of the Whole

Jane Groenewegen

Jane Groenewegen Hay River South

The House resumed.

Report of Committee of the Whole
Report of Committee of the Whole

The Speaker

The Speaker Paul Delorey

Can I have the report of the Committee of the Whole, please.

Report of Committee of the Whole
Report of Committee of the Whole

David Krutko

David Krutko Mackenzie Delta

Mr. Speaker, the committee has been considering Bill 4, Miscellaneous Statutes Amendment Act, 2008, and Bill 7, Securities Act, and would like to report progress and that Bills 4 and 7 are ready for third reading.

Mr. Speaker, I move that the report of the Committee of the Whole be concurred with.