The Crown Corporations Amendment Act, 2000 (Foreign Investments) — Bill 225 (2005) [First Reading Bills]
Bill 225 (120830)
Saskatchewan — Debates (Hansard)
1 999-2000 CROWN CORPORATIONS (FOREIGN INVESTMENTS) 1 BILL No. 225 of 1999-2000
An Act to amend The Crown Corporations Act, 1993 (Foreign Investments) (Assented to , 2000) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Saskatchewan, enacts as follows:
Short title This Act may be cited as The Crown Corporations Amendment Act, 2000 (Foreign Investments). S.S. 1993, c.C-50.101 amended The Crown Corporations Act, 1993, is amended in the manner set forth in this Act.
Section amended
Section is amended by adding the following after subsection (1): “
(1.1) Notwithstanding subsection (1), no Crown corporation, designated subsidiary Crown corporation or member of the Executive Council shall make an acquisition pursuant to subsection (1), of shares, bonds, debentures or other securities of a body corporate with a head office that is not situated in Canada”.
Section amended
Section is amended by adding the following after subsection (1): “
(1.1) Notwithstanding subsection (1), no Crown corporation, designated subsidiary Crown corporation or member of the Executive Council shall make an acquisition of any property from a body corporate with a head office that is not situated in Canada”. Coming into force This Act comes into force on assent. 1 999-2000 CROWN CORPORATIONS (FOREIGN INVESTMENTS) 2 REGINA, SASKATCHEWAN Printed by the authority of THE QUEEN’S PRINTER Copyright©2000