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Bill

Bill 21 An Act to Amend the Northwest Territories Business Development and Investment Corporation Act

Vote topic

Mr. Speaker, I move, seconded by the honourable Member for Inuvik Twin Lakes, that Bill 21, An Act to Amend the Northwest Territories Business Development and Investment Corporation Act, be read for the second time. This bill amends the Northwest Territories Business Development and Investment Corporation Act to allow the Northwest Territories Business Development and Investment Corporation to use money received by the corporation in interest in a financial year for the purpose of carrying on business of the corporation in the following fiscal year if certain conditions are met, and correct an outdated reference to federal legislation in the definition of "business enterprise." Thank you, Mr. Speaker.

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Result

Carried - As a voice vote there is no record of individual votes, just the final result.