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Bill No. 19

Nova Scotia Business Incorporated Act (amended)

An Act to Amend Chapter 30 of the Acts of 2000, the Nova Scotia Business Incorporated Act

Introduced by:
Honourable Percy Paris
Minister of Economic and Rural Development and Tourism

First Reading	April 12, 2011
Second Reading Debates	April 15, 2011 April 18, 2011
Second Reading Passed	April 18, 2011
Law Amendments Committee
Meeting Date(s)	May 2, 2011
Reported to the House	May 2, 2011
Committee of the Whole House	May 10, 2011
Third Reading Debates
Third Reading	May 10, 2011
Royal Assent	May 19, 2011
Commencement	November 1, 2011
2011 Statutes, Chapter 23	View

Explanatory Note

This Bill

(a) permits Nova Scotia Business Inc., with the approval of its Board of Directors and the Governor in Council, to convey its real property to the Government of Nova Scotia or to a not-for-profit corporation or organization for less than its fair market value; and

(b) corrects an inconsistency between due dates for 5-year activities-valuation reports and 5-year strategic plans.

Progress of Bills Explained

The Progress of Bills is produced by the Nova Scotia Legislative Library. It tracks the Bills as they go through various stages in the House of Assembly.

First Reading is the date on which the Bill was introduced by the MLA.

Second Reading is when the house voted to give the Bill 2nd Reading after being debated in the house.

An Asterisk* following the title of the Bill indicates that the Bill has been amended between First and Third readings.

Royal Assent is the day on which the Lieutenant Governor signs the final version of the Bill and the Bill is then referred to as an Act.

Commencement is the day on which the Act takes effect.