Second Session, 46th General Assembly

58 Elizabeth II, 2009

BILL 46

AN ACT TO AMEND THE LABRADOR INUIT LAND CLAIMS AGREEMENT ACT

Received

and Read the First Time ....................................................................

Second

Reading ...............................................................................................

Committee .......................................................................................................

Third

Reading ..................................................................................................

Royal

Assent ...................................................................................................

HONOURABLE

PATTY POTTLE

Minister of Aboriginal Affairs

Ordered to be printed by

the Honourable House of Assembly

EXPLANATORY NOTES

This Bill would amend the Labrador Inuit Land Claims Agreement Act

to incorporate changes made to the Labrador Inuit Land Claims Agreement which

were finalized in accordance with the Agreement on the effective date, December 1, 2005 .

The amendments reflect:

the final List of Non-Beneficiaries who may continue to

harvest in Labrador Inuit Lands;

the final Capital Transfer

Payments Schedule;

the final Repayment of Loan

Amounts Schedule; and

the final Implementation Payments Schedule.

A BILL

AN ACT TO AMEND THE LABRADOR INUIT LAND CLAIMS AGREEMENT ACT

Analysis

Sch. Amdt.

Schedule 12-D

Sch. Amdt.

Schedules 19-A & 19-B

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

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is repealed and the following substituted: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

Gladys L. Roberts

Henry J. Shouse

John C. Chiasson

Raymond Bennett

Roger W. Pike

Samuel E. Propsom

Tom Goodwin

Fred Vincent

Roy Decker

Wilson Belbin

(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Act is repealed and the following substituted: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.

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 .

Earl G. Tucker,

Queen's Printer