Third Session, Thirty-Seventh Legislature
This version is based on the printed bill that was distributed in the Legislature after First Reading.
It is not the official version. If accuracy is critical, you can obtain a copy of the printed bill from Statutory Publications.
Bill 49
THE PURCHASE OF WINNIPEG HYDRO ACT
| Section | Table of Contents |
| PART 1 | |
| PURCHASE OF WINNIPEG HYDRO | |
| 1 | Definitions |
| 2 | Purchase and sale approved |
| 3(1) | Offer of employment |
| (2) | Terms of offer |
| (3) | Wage protection |
| (4) | Employee pensions |
| 4 | Continuation of bargaining unit configuration |
| 5(1) | Immediate vesting of beneficial interest |
| (2) | Rights-of-way, easements, etc. |
| (3) | "Land" defined |
| 6(1) | Land transfer tax |
| (2) | Payment of land transfer tax |
| 7 | No liability unless expressly assumed |
| 8(1) | "Winnipeg Hydro debt" defined |
| (2) | Manitoba Hydro bonds |
| (3) | No effect on other authority |
| (4) | City's sinking fund assets |
| (5) | Reduction in city's annual levies |
| PART 2 | |
| CONSEQUENTIAL AMENDMENTS | |
| THE MANITOBA HYDRO ACT | |
| 9(1) | C.C.S.M. c. H190 amended |
| (2) | |
| (3) | |
| (4) | |
| 15.3.1 | Capitalization of balance owing to City of Winnipeg |
| (5) | |
| (6) | |
| (2.2) | Exemption from municipal taxation |
| (2.3) | Limitation |
| THE PUBLIC UTILITIES BOARD ACT | |
| 10(1) | C.C.S.M. c. P280 amended |
| (2) | |
| (3.1) | Where clause (1)(h) does not apply |
| (3) | |
| (2) | No application to union of Winnipeg Hydro with Manitoba Hydro |
| THE CITY OF WINNIPEG ACT | |
| 11(1) | S.M. 1989-90, c. 10 amended |
| (2) | |
| 172(1) | Telephone company property in the streets |
| (3) | |
| (4) | |
| (5) | |
| (6) | |
| (7) | |
| (8) | |
| (9) | |
| (10) | |
| (11) | |
| 545 | Authority to purchase utility |
| (12) | |
| (13) | |
| (14) | |
| (15) | |
| (2) | Exception |
| (16) | |
| (17) | |
| 552 | Power to operate utility |
| (18) | |
| (1.1) | Exception |
| (19) | |
| (2) | Application |
| PART 3 | |
| COMING INTO FORCE | |
| 12(1) | Coming into force |
| (2) | Coming into force: sections 9 and 11 |