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2003 Legislative Session: 4th Session, 37th Parliament

FIRST READING

The following electronic version is for informational

purposes only.

The printed version remains the official version.

Ms. JOY MacPHAIL

BILL M 203 – 2003

BRITISH COLUMBIA RAILWAY

ASSET PROTECTION ACT, 2003

Preamble

Whereas the government has initiated a process to sell the British Columbia Railway;

Whereas, despite the government's misrepresentations, British Columbia Railway is a profitable business; and,

Whereas the people of British Columbia do not believe that government owned assets should be sold off to pay for this government's record deficits and failed economic policies;

THEREFORE HER MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of British Columbia, enacts as follows:

Section 20 of the British Columbia Railway Act [RSBC

1996]

Chapter 36 is repealed and replaced with the following:

20 Neither the government nor the company may lease or sell any part of the lines and property of the company.

Commencement

2 This Act comes into force upon Royal Assent.

Copyright (c) 2003: Queen's Printer, Victoria, British Columbia, Canada