BILL NO. 4

(as introduced)

2nd Session, 63rd General Assembly
Nova Scotia
67 Elizabeth II, 2018

 

Government Bill

 

Corporations Registration Act
(amended)

 

The Honourable Geoff MacLellan
Minister of Service Nova Scotia

First Reading: September 7, 2018

(Explanatory Note)

Second Reading: September 11, 2018

Third Reading: September 25, 2018 (LINK TO BILL AS PASSED)

Explanatory Note

This Bill waives the first year's registration fees for newly incorporated or amalgamated Nova Scotia companies and for companies incorporated in other jurisdictions that are continued as Nova Scotia companies.

An Act to Amend Chapter 101
of the Revised Statutes, 1989,
the Corporations Registration Act

Be it enacted by the Governor and Assembly as follows:

1 (1) Subsection 5(4) of Chapter 101 of the Revised Statutes, 1989, the Corporations Registration Act, is repealed and the following subsection substituted:

(4) Notwithstanding subsection 5(3), no fee for a certificate of registration issued after the coming into force of this Section is payable by

(a) a domestic corporation upon incorporation;

(b) a corporation issued a certificate of amalgamation under the Companies Act upon amalgamation; or

(c) a corporation issued a certificate of continuance under the Companies Act upon continuance.

(2) Subsection 5(5) of Chapter 101, as enacted by Chapter 9 of the Acts of 2007, is amended by striking out "limited" in the first line.

2 This Act has effect on and after January 1, 2019.

 

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