Mahsi, Mr. Speaker. Mr. Speaker, I move, seconded by the honourable Member for Range Lake, that Bill 10, Exemption Act, be read for the second time.

Mr. Speaker, this bill repeals and replaces the existing Exemption Act. The categories of property that are exempt from seizure under the right of execution are described in contemporary language and are expanded to include types of property essential for subsistence of the debtor and his or her dependents. Transitional matters are provided for and Public Service Garnishee Act is consequentially amended. Mahsi, Mr. Speaker.