BILL NO. 49
(as introduced)
2nd Session, 61st General Assembly
Nova Scotia
59 Elizabeth II, 2010
An Act to incorporate the
Royal Cape Breton Yacht Club
(amended)
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)
Explanatory Note
(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.
An Act to Amend Chapter 283
of the Acts of 1903,
An Act to incorporate
the Royal Cape Breton Yacht Club
Be it enacted by the Governor and Assembly as follows:
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2 Section 7 of Chapter 283 is repealed.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:
This page and its contents published by the Office of the Legislative Counsel, Nova Scotia House of Assembly, and © 2010 Crown in right of Nova Scotia. Created May 26, 2010. Send comments to legc.office@novascotia.ca.
