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Statutes of Newfoundland and Labrador 2023


CHAPTER 17

AN ACT TO REPEAL THE FARM PRODUCTS CORPORATION ACT

(Assented to November 16, 2023)

Analysis


        1.   Short title

        2.   RSNL1990 cF-5 Rep.

        3.   Assets and liabilities to the Crown


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 Farm Products Corporation Repeal Act.

RSNL1990 cF-5 Rep.

        2. The Farm Products Corporation Act is repealed

Assets and liabilities to the Crown

        3. (1) In this section, "corporation" means the Newfoundland and Labrador Farm Products Corporation. 

             (2)  Title to all real and personal property of the corporation is vested in the Crown.

             (3)  The Crown is responsible for all the obligations and liabilities of the corporation.