4th Session, 42nd Legislature
This HTML version is provided for ease of use and is based on the bilingual version that was distributed in the Legislature after First Reading.
Bill 12
THE PEAK OF THE MARKET REORGANIZATION ACT
TABLE OF CONTENTS
| PART 1 | ||
| DEFINITIONS | ||
| 1 | Definitions | |
| PART 2 | ||
| CONTINUATION | ||
| 2 | Continuance of Peak of the Market | |
| 3 | Articles of continuance | |
| (2) | Content of articles | |
| (3) | No approval by Manitoba council | |
| 4 | Certificate of continuance | |
| (2) | Effective date | |
| (3) | Effect of continuance | |
| (4) | Appeals continue | |
| 5 | Application of Corporations Act | |
| (2) | Conflict | |
| 6 | Reference in enactment, contract, agreement, etc. | |
| PART 3 | ||
| DISSOLUTION | ||
| 7 | Application | |
| 8 | Failure to comply — appointment of liquidator | |
| (2) | Payment of costs of liquidation and creditors | |
| (3) | Payment of creditors in the case of a deficiency | |
| (4) | Powers of liquidator | |
| (5) | Liquidator's reports | |
| (6) | Primary disposition of surplus | |
| PART 4 | ||
| GENERAL | ||
| 9 | Regulations repealed | |
| 10 | Quotas and retirement allowances cease | |
| (2) | No cause of action, remedy or compensation | |
| (3) | Application — before or after coming into force | |
| (4) | No taking, expropriation or injurious affection | |
| 11 | Coming into force | |