1st Session, 62nd General Assembly
63 Elizabeth II, 2014
The Honourable Denise Peterson-Rafuse
First Reading: April 23, 2014
Clause 1 repeals provisions of the Oak Island Treasure Act that allow
(a) the Minister to issue or renew a treasure-hunting licence; and
(b) a licence holder to retain treasure discovered and recovered upon payment of a royalty.
Clause 2 cancels all existing treasure-hunting licences as of the coming into force of this Clause.
Clause 3 amends the Special Places Protection Act to add Oak Island treasure to the definition of "heritage object".
Clause 4 directs the Minister to designate Oak Island as a protected site.
Clause 5 allows persons whose existing treasure-hunting licences are cancelled by Clause 2 and who are issued a heritage research permit within six months of the cancellation to retain any coins or gold or silver bars discovered and recovered by the person, subject to a requirement to deliver a portion of the coins or bars, as selected by the archaeologist appointed by the Government of Nova Scotia, to the Nova Scotia Museum or another public institution, to become the property of Nova Scotia.
Clause 6 requires the holder of a heritage research permit to pay the expenses in relation to an archaeologist appointed by the Government of Nova Scotia to monitor the site of any explorations or excavations carried out on Oak Island.
1 Sections 4, 5 and 9 of Chapter 39 of the Acts of 2010, the Oak Island Treasure Act, are repealed.
2 Chapter 39 is further amended by adding immediately after Section 13 the following Section:
4 (1) Section 7 of Chapter 438, as amended by Chapter 44 of the Acts of 1990, is further amended by adding immediately after subsection (1) the following subsection:
5 Chapter 438 is further amended by adding immediately after Section 8 the following Section:
(2) A person referred to in subsection (1) shall deliver possession of such coins and gold and silver bars recovered as are selected by the archaeologist appointed under Section 9A, the value of which must not exceed twenty-five percent of the value of all of the coins and gold and silver bars recovered within the area covered by the permit within two years of the issuance of the permit, to the Museum or to any other public institution that the Minister may designate, which coins and bars become the property of the Province.