31

 

Fourth Session, 45th General Assembly

56 Elizabeth II, 2007

BILL 31

AN ACT TO HOLD THE GOVERNMENT HARMLESS IN THE DISPOSITION OF FPI LIMITED

Received and Read the First Time.............................................................................. June 4, 2007

Second Reading.......................................................................................................... June 11, 2007

Committee.............................................................................................. Amendment June 12, 2007

Third Reading.............................................................................................................. June 12, 2007

Royal Assent......................................................................................................................................

HONOURABLE THOMAS G. RIDEOUT

Minister of Fisheries and Aquaculture

Ordered to be printed by the Honourable House of Assembly

  

EXPLANATORY NOTE

The purpose of this Bill is stated in the Long Title.

A BILL

AN ACT TO HOLD THE CROWN HARMLESS IN THE DISPOSITION OF THE ASSETS, BUSINESS AND OTHER UNDERTAKINGS OF FPI LIMITED AND FISHERY PRODUCTS INTERNATIONAL LIMITED

Analysis


        1.   Short title

        2.   No liability

        3.   No compensation

        4.   Commencement


Be it enacted by the Lieutenant-Governor and House of Assembly in Legislative Session convened, as follows:

Short title

        1. This Act may be cited as the Crown Liability Act, 2007.

No liability

        2. (1) An action or proceeding does not lie or shall not be instituted or continued against the Crown or a minister, employee or agent of the Crown based on a cause of action arising from, resulting from or incidental to the disposition of the assets, business and other undertakings of FPI Limited or Fishery Products International Limited.

             (2)  A cause of action against the Crown or a minister, employee or agent of the Crown arising from, resulting from or incidental to the disposition of the assets, business and other undertakings of FPI Limited or Fishery Products International Limited is extinguished.

No compensation

        3. A person is not entitled to compensation or damages from the Crown or a minister, employee or agent of the Crown arising from, resulting from or incidental to the disposition of the assets, business and other undertakings of FPI Limited or Fishery Products International Limited.

Commencement

        4. This Act comes into force on the day the Fishery Products International Act Repeal Act comes into force.