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“Point in Time” Act Content

SOUTH MORESBY IMPLEMENTATION ACCOUNT ACT

[RSBC 1996] CHAPTER 435

NOTE: Links below go to act content as it was prior to the changes made on the effective date. (PIT covers changes made from September 6, 2000 to "current to" date of the act.)
SECTIONEFFECTIVE DATE
ActMarch 31, 2008
[retro from May 1, 2008]
1March 3, 2005
4April 1, 2004

  Act BEFORE repealed by 2008-10-112, effective March 31, 2008 [retro from May 1, 2008 (Royal Assent)].

South Moresby Implementation Account Act

[RSBC 1996] CHAPTER 435

 Definitions

1  In this Act:

"account" means the South Moresby Implementation Account continued under section 2;

"agreement" means an agreement, dated July 12, 1988, between the Government of British Columbia and the Government of Canada for the establishment of a national park in the South Moresby area of the Queen Charlotte Islands, and includes amendments made to that agreement;

"general fund" means the general fund of the consolidated revenue fund.

 Special account continued

2  (1)  The South Moresby Implementation Account is continued as a special account in the general fund.

(2)  The account consists of the following subaccounts:

(a) [Repealed 1997-4-32.]

(b) Forest Replacement Account.

 Contents of account

3  The account consists of the following:

(a) amounts appropriated by the Province for its contributions in accordance with the agreement;

(b) amounts received from the Government of Canada in accordance with the agreement;

(c) interest earned on or attributed to amounts in each subaccount required to be deposited in accordance with the agreement.

 Payment out of the account

4  The Minister of Finance must make payments from the account in accordance with the agreement.

  Section 1 definition of "agreement" BEFORE amended by 2005-3-5, effective March 3, 2005 (Royal Assent).

"agreement" means an agreement, dated July 12, 1988, between the Government of British Columbia and the Government of Canada for the establishment of a national park in the South Moresby area of the Queen Charlotte Islands, and includes amendments made to that agreement on or before March 31, 2000;

  Section 4 BEFORE amended by 2003-54-27,Sch A, effective April 1, 2004 (BC Reg 11/2004).

4  The Minister of Finance and Corporate Relations must make payments from the account in accordance with the agreement.