BILL NO. 108

(as introduced)

1st Session, 59th General Assembly
Nova Scotia
53 Elizabeth II, 2004



Private Bill



Chester Yacht Club Act
(amended)



John E. Chataway
Chester-St. Margaret's



First Reading: September 29, 2004

(Explanatory Notes)

Second Reading: October 1, 2004

Third Reading: October 14, 2004 (LINK TO BILL AS PASSED)

[home] [bills] 2003 (2nd session) bills

Explanatory Notes

Clause 1 gives the Act a short title.

Clause 2 removes the limit on the value of the property that may be held by the Chester Yacht Club.

Clause 3 changes the limit on the bonds and debentures that may be issued by the Chester Yacht Club from $20,000 to 25% of the appraised value of its real property.

[home] [bills] 2003 (2nd session) bills

An Act to Amend Chapter 122
of the Acts of 1926,
An Act to Incorporate the "Chester Yacht Club"

Be it enacted by the Governor and Assembly as follows:

1 Chapter 122 of the Acts of 1926, An Act to Incorporate the "Chester Yacht Club", is amended by renumbering Section 1 as 1A and by adding immediately preceding that Section the following Section:

2 Section 3 of Chapter 122 is amended by striking out "to the value of Twenty Thousand Dollars" in the fourth and fifth lines and substituting "of an unlimited value".

3 Section 9 of Chapter 122 is amended by striking out "in the whole the sum of Twenty Thousand Dollars" in the second and third lines and substituting "twenty-five per cent of the appraised value of the real property held by the Corporation".

[home] [bills] 2003 (2nd session) bills


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