2nd Session, 61st General Assembly
59 Elizabeth II, 2010
The Honourable Manning MacDonald, C.D.
Cape Breton South
First Reading: April 27, 2010
Second Reading: April 29, 2010
Third Reading: May 7, 2010 (LINK TO BILL AS PASSED)
(a) removes the restriction on where the Royal Cape Breton Yacht Club may own property;
(b) removes the restriction on the amount of the mortgages that the Club may place on its property;
(c) removes the restriction on the amount of bonds and debentures the Club may issue; and
(d) limits the liability of the Club's members.
1 (1) Subsection 2(1) of Chapter 283 of the Acts of 1903, An Act to incorporate the Royal Cape Breton Yacht Club, as enacted by Chapter 125 of the Acts of 1958, is amended by striking out "in the City of Sydney or" in the second and third lines.
(2) Subsection 2(2) of Chapter 283, as enacted by Chapter 125 of the Acts of 1958, is amended by striking out "to the extent of fifty thousand dollars".
2 Section 7 of Chapter 283 is repealed.
3 Chapter 283 is further amended by adding immediately after Section 10 the following Section: