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Second Session, Thirty-Ninth 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 or view the online bilingual version (PDF).

Bill 300

THE ROYAL LAKE OF THE WOODS YACHT CLUB INCORPORATION AMENDMENT ACT


Explanatory Note

(Assented to                                         )

WHEREAS The Lake of the Woods Yacht Club was incorporated by An Act to incorporate "The Lake of the Woods Yacht Club Incorporation Act", S.M. 1909, c. 90;

AND WHEREAS the Act was subsequently amended and the name of the corporation changed to "The Royal Lake of the Woods Yacht Club";

AND WHEREAS the corporation was continued by The Royal Lake of the Woods Yacht Club Incorporation Act, R.S.M. 1990, c. 157;

AND WHEREAS the corporation has presented a petition requesting the following amendments to that Act, and it is appropriate to grant the petition;

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

R.S.M. 1990, c. 157 amended

1           The Royal Lake of the Woods Yacht Club Incorporation Act is amended by this Act.

2           Subsection 1(2) is replaced with the following:

Object

1(2)        The object of the club is the encouragement of sailing and other recreational sports as determined by the club.

3           Section 2 is amended

(a) in the section heading, by striking out "and objects of club"; and

(b) in the section, by striking out ", and if deemed advisable to acquire any of such assets in exchange for paid-up stock of the club at par value".

4           Section 3 is amended by striking out ", and the unpaid balance of any stock held by him".

5           Sections 4, 5 and 6 are repealed.

6           Section 7 is amended by striking out everything after "effects of the club".

Coming into force

7           This Act comes into force on the day it receives royal assent.

Explanatory Note

This Bill amends The Royal Lake of the Woods Yacht Club Incorporation Act.  The object of the club is amended and the provisions about issuing stock in the club are repealed.