BILL NO. 30
5th Session, 61st General Assembly
62 Elizabeth II, 2013
Private Member's Bill
Housing Development Corporation Act
First Reading: March 28, 2013
This Bill provides that all funding received by the Province from Canada Mortgage and Housing Corporation must be used for the purpose of housing, as defined in this Act.
An Act to Amend Chapter 213
of the Revised Statutes, 1989,
the Housing Development Corporation Act,
Respecting CMHC Funding
1 Chapter 213 of the Revised Statutes, 1989, the Housing Development Corporation Act, is amended by adding immediately after Section 9A the following Section:
(b) "Social Housing Agreement" means the Social Housing Agreement dated December 12, 1997, between the Corporation and Canada Mortgage and Housing Corporation, as amended from time to time in accordance with the Agreement.
(3) Subject to subsection (4), for greater certainty, no funds received by the Province under the Social Housing Agreement may be transferred to the General Revenue Fund of the Province or used for any purpose other than housing.
This page and its contents published by the Office of the Legislative Counsel, Nova Scotia House of Assembly, and © 2013 Crown in right of Nova Scotia. Created March 28, 2013. Send comments to email@example.com.