2008 BILL 10

	10


First Session, 46th General Assembly 57 Elizabeth II, 2008
BILL 10
AN ACT TO REPEAL THE BULK SALES ACT
Received and Read the First Time...................................................................
Second Reading..............................................................................................
Committee......................................................................................................
Third Reading.................................................................................................
Royal Assent...................................................................................................
HONOURABLE KEVIN O'BRIEN Minister of Government Services
Ordered to be printed by the Honourable House of Assembly

EXPLANATORY NOTES

Clauses 1 and 2 of this Bill would repeal the Bulk Sales Act. The Act is no longer necessary as the Act is antiquated and there are many alternate protections contained in other provincial legislation.

Clauses 3 to 7 of the Bill are consequential amendments which would be necessitated by the repeal of the Bulk Sales Act.

A BILL

AN ACT TO REPEAL THE BULK SALES ACT

Analysis

1. Short title

2. RSNL1990 cB-11 Rep.

3. SNL1995 c37.1 Amdt.

4. RSNL1990 cG.1 Amdt.

5. SNL2002 cM16.1 Amdt.

6. RSNL1990 cR-15 Amdt.

7. RSNL1990 cT-5 Amdt.

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 Bulk Sales Act Repeal Act.

RSNL1990 cB-11 Rep.

2. The Bulk Sales Act is repealed.

SNL1995 cC-37.1 Amdt.

3. Subsection 138(4) of the Credit Union Act is repealed.

RSNL1990 cG.1 Amdt.

4. Section 34 of the Gasoline Tax Act is repealed.

SNL2002 cM16.1 Amdt.

5. Section 34 of the Mining and Mineral Rights Tax Act, 2002 is repealed.

RSNL1990 cR-15 Amdt.

6. Section 19 of the Retail Sales Tax Act is repealed.

RSNL1990 cT-5 Amdt.

7. Section 37 of the Tobacco Tax Act is repealed.