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S.M. 2004, c. 7
Bill 11, 2nd Session, 38th Legislature
The Manitoba Public Insurance Corporation Amendment Act (Protection of Crown Assets)
(Assented to June 10, 2004)
HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Manitoba, enacts as follows:
The Manitoba Public Insurance Corporation Act is amended by this Act.
The following is added after section 14:
No privatization without referendum
The government shall not
(a) take any steps to privatize the corporation or all or any part of its insurance undertaking; or
(b) present to the Legislative Assembly a bill to authorize or effect such a privatization;
unless the government first puts the question of the advisability of privatizing the corporation or undertaking to the voters of Manitoba in a referendum, and the privatization is approved by a majority of the votes cast in the referendum.
A referendum under this section shall be conducted and managed by the Chief Electoral Officer in the same manner, to the extent possible, as a general election under The Elections Act, and the provisions of that Act apply with necessary modifications to such a referendum.
The question to be put to voters in a referendum under this section shall be determined by order of the Lieutenant Governor in Council at the commencement of the referendum process.
The Lieutenant Governor in Council may make any regulations that the Lieutenant Governor in Council considers necessary respecting the referendum process to give effect to this section, including, without limitation, regulations
(a) governing the preparation of a voters list;
(b) governing the expenses, if any, that may be incurred, and the contributions, if any, that may be made, and by whom, in connection with a referendum, including placing limits on such expenses and contributions and establishing registration and reporting requirements for persons or organizations who make such contributions or incur such expenses;
(c) where greater certainty is required, modifying to the extent necessary the provisions of The Elections Act to make them applicable to the requirements of a referendum.
The costs of conducting a referendum under this section shall be paid from the Consolidated Fund.
Any bill introduced in the Legislative Assembly to amend, repeal, override or suspend the operation of this section shall be referred at the committee stage to a standing committee of the Legislative Assembly which provides the opportunity for representations by members of the public.
The standing committee referred to in subsection (6) shall not meet to review the bill until seven days after the later of
(a) the day the bill is distributed in the Legislative Assembly; and
(b) the day the public is given notice of the date, time and place of the meeting.
This Act comes into force on the day it receives royal assent.