BILL NO. 50
4th Session, 61st General Assembly
61 Elizabeth II, 2012
Private Member's Bill
Next Generation Act
The Honourable Jamie Baillie
First Reading: April 25, 2012
(a) requires the Minister of Finance to prepare and submit to the House of Assembly an intergenerational report within five years after the coming into force of this amendment, and every five years thereafter; and(b) specifies the content of an intergenerational report.
An Act to Amend Chapter 2
of the Acts of 2010,
the Finance Act,
Respecting Intergenerational Reporting
1 This Act may be cited as the Next Generation Act.
2 Chapter 2 of the Acts of 2010, the Finance Act, is amended by adding immediately after Section 60 the following Section:
(2) The Minister shall table the intergenerational report in the House of Assembly if the Assembly is then sitting or, if it is not then sitting, file the report with the Clerk of the Assembly.
(3) The intergenerational report must assess the long term sustainability of current Government policies over the forty-year period following the release of the report, including by taking account of the financial implications of demographic change in the Province.
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