Thank you, Mr. Speaker. I move, seconded by the honourable Member for Monfwi, that Bill 41, An Act to Amend the Partnership Act, be read for the second time.
This bill amends the Partnership Act to clarify that registration requirements in respect of partnership and business names apply to all partnerships and businesses operating in the Northwest Territories, including when registrations are to be made and renewed. It sets out restrictions on names that may be registered and set out, administrative provisions that are similar to provisions in the Business Corporations Act, include a right to seek a judicial review of a decision made by the registrar before the Supreme Court of the Northwest Territories, specifies specific offenses in relation to each partnership class, make consequential amendments to the Business Corporations Act, Liquor Act and Northwest Territories Business Development and Investment Corporation Act, and make other amendments to improve clarity and readability. Thank you.