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St. John's, Newfoundland and Labrador, Canada

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Statutes of Newfoundland and Labrador 2009


CHAPTER 36

AN ACT TO AMEND THE LABRADOR INUIT LAND CLAIMS AGREEMENT ACT

(Assented to December 22, 2009)

Analysis


        1.   Sch. Amdt.
Schedule 12-D

        2.   Sch. Amdt.
Schedules 19-A & 19-B

        3.   Sch. Amdt.
Schedule 23-A

        4.   Commencement


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

SNL2004 cL-3.1
as amended

        1. Schedule 12-D of the Schedule to the Labrador Inuit Land Claims Agreement Act is repealed and the following substituted:

Schedule 12-D:  List of Non-Beneficiaries
(sections 12.13.6 and 12.13.8)

 

Surface Interest Holder

Interest Number

Alfred Decker

72032

Gladys L. Roberts

73074

Henry J. Shouse

61621

John C. Chiasson

78337

Raymond Bennett

78401

Roger W. Pike

61039

Samuel E. Propsom

115742

Tom Goodwin

72709

Fred Vincent

73537

Roy Decker 

127575

Wilson Belbin

78016

 

 

        2. (1) Schedule 19-A of the Schedule to the Act is repealed and the following substituted:

Schedule 19-A:  Capital Transfer Payments Schedule

 

Date

Payments

On the Effective Date

$28,046,971

On the first anniversary of the Effective Date

$28,046,971

On the second anniversary of the Effective Date

$21,035,228

On the third anniversary of the Effective Date

$21,035,228

On the fourth anniversary of the Effective Date

$14,023,486

On the fifth anniversary of the Effective Date

$14,023,486

On the sixth anniversary of the Effective Date

$14,023,486

On the seventh anniversary of the Effective Date

$7,011,743

On the eighth anniversary of the Effective Date

$7,011,743

On the ninth anniversary of the Effective Date

$7,011,743

On the tenth anniversary of the Effective Date

$7,011,743

On the eleventh anniversary of the Effective Date

$7,011,743

On the twelfth anniversary of the Effective Date

$7,011,743

On the thirteenth anniversary of the Effective Date

$7,011,743

On the fourteenth anniversary of the Effective Date

$7,011,743

 

             (2)  Schedule 19-B of the Schedule to the Act is repealed and the following substituted:

Schedule 19-B:  Repayment of Loan Amounts *

 

Date

Payments

On the Effective Date

$4,641,250

On the first anniversary of the Effective Date

$4,641,250

On the second anniversary of the Effective Date

$4,641,250

On the third anniversary of the Effective Date

$4,641,250

On the fourth anniversary of the Effective Date

$4,641,250

On the fifth anniversary of the Effective Date

$4,641,250

On the sixth anniversary of the Effective Date

$4,641,250

On the seventh anniversary of the Effective Date

$4,641,250

On the eighth anniversary of the Effective Date

$4,641,250

On the ninth anniversary of the Effective Date

$4,641,250

On the tenth anniversary of the Effective Date

$4,641,250

On the eleventh anniversary of the Effective Date

$4,641,250

On the twelfth anniversary of the Effective Date

$4,641,250

On the thirteenth anniversary of the Effective Date

$4,641,250

On the fourteenth anniversary of the Effective Date

$4,641,250

*

Amounts based on total outstanding and accrued interest up to November 30, 2005 of $51,311,510.30.

 

 

        3. Schedule 23-A of the Schedule to the Act is repealed and the following substituted:

Schedule 23-A:  Implementation Payments Schedule

 

Date

Payments

On the Effective Date

$35,940,235

On the first anniversary of the Effective Date

$35,940,235

On the second anniversary of the Effective Date

$17,970,117

On the third anniversary of the Effective Date

$17,970,117

On the fourth anniversary of the Effective Date

$17,970,117

On the fifth anniversary of the Effective Date

$17,970,117

On the sixth anniversary of the Effective Date

$17,970,117

On the seventh anniversary of the Effective Date

$17,970,117

On the eighth anniversary of the Effective Date

$8,985,059

On the ninth anniversary of the Effective Date

$8,985,059

 

Commencement

        4. This Act shall be considered to have come into force on December 1, 2005.