Fifth 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).
THE CAPITAL PROJECTS TRANSPARENCY ACT
|Table of Contents||Explanatory Note|
(Assented to )
HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Manitoba, enacts as follows:
The following definitions apply in this Act.
"disclosure statement" means a major capital project disclosure statement under section 2. (« document d'information »)
"major capital project" means a capital project with a total projected cost greater than 20 million dollars. (« grand projet d'immobilisations »)
"minister" means the minister appointed by the Lieutenant Governor in Council to administer this Act. (« ministre »)
"third party" includes the federal government, a municipal government, a corporation, partnership, individual or any other private entity. (« tiers »)
If the government enters into an agreement with one or more third parties to construct a major capital project, the minister must prepare a major capital project disclosure statement for that capital project.
The disclosure statement must contain the following information about the government's obligations respecting the capital project:
(a) the total contribution from the government to the project;
(b) the projected start and completion dates for the project;
(c) the projected contributions from the government for each year of the project;
(d) whether the government is responsible for any cost overruns on the project and, if so, specific information respecting the nature and amount of its responsibility.
The minister must provide the disclosure statement to the Speaker of the Assembly within five business days after entering into the agreement to construct the major capital project.
The Speaker must table the disclosure statement in the Assembly without delay if the Assembly is sitting, or if it is not, within five days after the next sitting begins.
If an agreement to construct a major capital project is amended in any way that affects any of the matters set out in subsection 2(2), the minister must prepare a revised disclosure statement that identifies any changes from the initial disclosure statement within five business days after the agreement is amended.
Section 3 applies to a revised disclosure statement, with necessary changes.
This Act may be referred to as chapter C22 of The Continuing Consolidation of the Statutes of Manitoba.
This Act comes into force on the day it receives royal assent.