Debates of May 31, 2018 (day 33)
Bill 21: An Act to Amend the Northwest Territories Business Development and Investment Corporation Act
Mr. Speaker, I move, seconded by the honourable Member for Inuvik Twin Lakes, that Bill 21, An Act to Amend the Northwest Territories Business Development and Investment Corporation Act, be read for the first time. Thank you, Mr. Speaker.
Masi. The motion is in order. The motion is non-debatable. All those in favour? All those opposed? The motion is carried.
---Carried
Bill 21 has had its first reading. First reading of bills. Minister of Finance.
Bill 21: An Act to Amend the Northwest Territories Business Development and Investment Corporation Act
Mr. Speaker, I seek consent to proceed with second reading of Bill 21, An Act to Amend the Northwest Territories Business Development and Investment Corporation Act. Thank you, Mr. Speaker.
Masi. The Member is requesting consent required for second reading. Are there any nays? There are no nays.
---Unanimous consent granted
Minister of Industry, Tourism and Investment.
Mr. Speaker, I move, seconded by the honourable Member for Inuvik Twin Lakes, that Bill 21, An Act to Amend the Northwest Territories Business Development and Investment Corporation Act, be read for the second time. This bill amends the Northwest Territories Business Development and Investment Corporation Act to allow the Northwest Territories Business Development and Investment Corporation to use money received by the corporation in interest in a financial year for the purpose of carrying on business of the corporation in the following fiscal year if certain conditions are met, and correct an outdated reference to federal legislation in the definition of "business enterprise." Thank you, Mr. Speaker.
Masi. The motion is in order. To the principle of the bill.
Question.
Question has been called. All those in favour? All those opposed? The motion is carried.
---Carried
Bill 21 has had its second reading. Minister of Industry, Tourism and Investment.
Mr. Speaker, I seek unanimous consent to waive Rule 74(2) and have Bill 21, An Act to Amend the Northwest Territories Business Development and Investment Corporation Act, be moved into Committee of the Whole for today. Thank you, Mr. Speaker.
Masi. The Member is seeking unanimous consent to waive Rule 74(2) and have Bill 21, An Act to Amend the Northwest Territories Business Development and Investment Corporation Act, be moved into Committee of the Whole. Are there any nays? There are no nays.
---Unanimous consent granted
It is now before the Committee of the Whole for later on today. Masi. Bill 21 is moved to Committee of the Whole. Second reading of bills. Minister of Finance.