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S.M. 1996, c. 5
THE REAL ESTATE BROKERS AMENDMENT ACT
(Assented to June 6, 1996)
HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Manitoba, enacts as follows:
Subsection 26(1.7) is repealed and the following is substituted:
Interest received by the commission under subsection (1.2) shall be held by the commission in an interest-bearing account and may be used in such proportions as the commission may determine
(a) to meet the costs of commissioning;
(b) to provide funding for educational programs relating to the real estate industry and the objectives of the Act;
(c) to provide funding for not-for-profit initiatives to promote affordable home ownership and area revitalization; and
(d) to provide funding for other programs that the commission may authorize in furtherance of the objectives of the Act.
This Act comes into force on the day it receives royal assent.