2003 Legislative Session: 4th Session, 37th Parliament
FIRST READING
The following electronic version is for informational
purposes only.
The printed version remains the official version.
Ms. JOY MacPHAIL
Whereas the government has initiated a process to sell the British Columbia Railway;
Whereas, despite the government's misrepresentations, British Columbia Railway is a profitable business; and,
Whereas the people of British Columbia do not believe that government owned assets should be sold off to pay for this government's record deficits and failed economic policies;
THEREFORE HER MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of British Columbia, enacts as follows:
1 Section 20 of the British Columbia Railway Act [RSBC 1996] Chapter 36 is repealed and replaced with the following:
20 Neither the government nor the company may lease or sell any part of the lines and property of the company.
2 This Act comes into force upon Royal Assent.
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