2003 Legislative Session: 4th Session, 37th Parliament
THIRD READING
The following electronic version is for informational
purposes only.
The printed version remains the official version.
Certified correct as passed Third Reading on the 19th day of
November, 2003
Ian D. Izard, Law Clerk
HONOURABLE RICHARD NEUFELD
MINISTER OF ENERGY AND MINES
HER MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of British Columbia, enacts as follows:
1 Section 1 of the Columbia Basin Trust Act, R.S.B.C. 1996, c. 53, is amended
(a) in the definition of "corporation" by striking out ", except in sections 16 and 17 (a),",
(b) in paragraph (b) of the definition of "region" by adding "and includes all those lands lying within the municipal boundaries of the Village of Valemount," after "commencement,", and
(c) by adding the following definitions:
"nominating bodies" means
(a) the regional districts referred to in section 5 (1), and
(b) the tribal council;
"qualified individual" means an individual who is resident in the region; .
2 Sections 5 to 8 are repealed and the following substituted:
5 (1) The Lieutenant Governor in Council is to appoint, as the board of directors of the corporation, 12 qualified individuals of whom
(a) one is to be appointed from the nominees provided under section 6 by the board of the Regional District of Central Kootenay,
(b) one is to be appointed from the nominees provided under section 6 by the board of the Fraser-Fort George Regional District,
(c) one is to be appointed from the nominees provided under section 6 by the board of the Columbia Shuswap Regional District,
(d) one is to be appointed from the nominees provided under section 6 by the board of the Kootenay Boundary Regional District,
(e) one is to be appointed from the nominees provided under section 6 by the board of the East Kootenay Regional District, and
(f) one is to be appointed from the nominees provided under section 6 by the tribal council.
(2) Despite subsection (1), the Lieutenant Governor in Council may decline to appoint any of the nominees provided by a nominating body and, in that event,
(a) the minister must notify the nominating body of the Lieutenant Governor in Council's decision, and
(b) the nominating body is, within 60 days after that notification, to provide to the Lieutenant Governor in Council a list of at least one and not more than 4 nominees who are qualified individuals.
(3) If a nominating body does not comply with subsection (2) (b), or if the Lieutenant Governor in Council declines to appoint any of the nominees provided by the nominating body under that subsection, the Lieutenant Governor in Council is to appoint a qualified individual as director, and that director is deemed to be appointed from nominees of that nominating body provided under section 6.
(4) No act or proceeding of the directors is invalid merely because the composition of the board does not accord with subsection (1).
6 (1) Each of the nominating bodies is, at least 60 days before the expiry of the term of office of the director appointed from its nominees, to provide to the Lieutenant Governor in Council a list of at least one and not more than 4 nominees who are qualified individuals.
(2) A nominating body may nominate an existing director for successive terms of office.
(3) If a nominating body does not comply with subsection (1), the Lieutenant Governor in Council is to appoint a qualified individual to hold office as director after the expiry of the term of office of the director appointed from the nominees of that nominating body, and the director appointed by the Lieutenant Governor in Council under this subsection is deemed to be appointed from nominees provided by that nominating body under this section.
7 The Lieutenant Governor in Council may remove any director after receiving a written request to do so from
(a) the minister, or
(b) the board of directors.
8 (1) If a director who was appointed from the nominees of a nominating body dies, resigns or is removed, the nominating body must, within 60 days, provide to the Lieutenant Governor in Council a list of at least one and not more than 4 nominees who are qualified individuals and the Lieutenant Governor in Council is to appoint as the replacement director, one of the nominees from the submitted list.
(2) Despite subsection (1), the Lieutenant Governor in Council may decline to appoint any of the nominees provided by a nominating body and, in that event,
(a) the minister must notify the nominating body of the Lieutenant Governor in Council's decision, and
(b) the nominating body is, within 60 days after that notification, to provide to the Lieutenant Governor in Council a list of at least 2 and not more than 4 nominees who are qualified individuals.
(3) If a nominating body does not comply with subsection (1) or (2) (b), as the case may be, or if the Lieutenant Governor in Council declines to appoint any of the nominees provided by the nominating body under subsection (1) or (2) (b), as the case may be, the Lieutenant Governor in Council is to appoint a qualified individual as the replacement director, and that director is deemed to be appointed from nominees of that nominating body provided under section 6.
(4) Subject to section 8.1, a replacement director appointed under this section holds office until the end of the term of office of the replaced director.
8.1 A director appointed by the Lieutenant Governor in Council under this Act is appointed for the term of office and on the terms and conditions the Lieutenant Governor in Council considers appropriate, and the Lieutenant Governor in Council may select a different term of office and different terms and conditions for each director appointed under this Act.
3 Section 11 is repealed and the following substituted:
11 The corporation may pay to a director remuneration in accordance with directives of Treasury Board.
4 Section 13 is repealed.
5 Section 14 (2) is repealed.
6 Section 15 (2) to (11) is repealed and the following substituted:
(2) Subject to subsection (3), the directors may amend the plan from time to time.
(3) Before effecting any major amendments to the plan, the directors must solicit input on the proposed amendments from residents of the region in the manner and to the extent the directors consider appropriate.
7 Part 3 is repealed.
8 Section 26 is amended
(a) by repealing subsections (2) to (4),
(b) by renumbering section 26 (1) as section 26, and
(c) by striking out "Minister of Finance and Corporate Relations" and substituting "Minister of Finance".
9 Section 28 is repealed.
10 Section 31 is amended
(a) in subsection (2) by striking out "after consultation with" and substituting "with the agreement of", and
(b) in subsection (3) by striking out "of both the corporation or a subsidiary of the corporation and Columbia Power Corporation or a subsidiary of Columbia Power Corporation," and substituting "of, or is owned in whole or in part by, the corporation or a subsidiary of the corporation,".
11 (1) In this section:
"Amendment Act" means the Columbia Basin Trust Amendment Act, 2003;
"corporation" has the same meaning as in the Columbia Basin Trust Act;
"nominating body" has the same meaning as in the Columbia Basin Trust Act as amended by this Amendment Act.
(2) After the coming into force of section 2 of this Amendment Act, the Lieutenant Governor in Council may, from each pair of directors of the corporation appointed under a paragraph of section 5 of the Columbia Basin Trust Act as it read before the coming into force of section 2 of this Amendment Act, designate one of those individuals as a director of the corporation.
(3) On a designation made under subsection (2) of this section,
(a) the designated individual is deemed to be appointed as a director of the corporation
(i) in accordance with section 5 (1) of the Columbia Basin Trust Act as enacted by section 2 of this Amendment Act, and
(ii) from nominees provided to the Lieutenant Governor in Council, under section 6 of the Columbia Basin Trust Act as enacted by section 2 of this Amendment Act, by the nominating body by which that individual was appointed as a director, and
(b) the term of office of the other individual who was appointed as a director of the corporation by that nominating body is deemed to expire.
(4) An individual designated by the Lieutenant Governor in Council under this section is appointed as a director of the corporation for the term of office and on the terms and conditions the Lieutenant Governor in Council considers appropriate, and the Lieutenant Governor in Council may select a different term of office and different terms and conditions for each individual designated under this section.
(5) An individual whose term of office as a director expires under subsection (3) (b) is not entitled to recover from the corporation or the government any damages or other compensation as a result of that expiry.
12 This Act comes into force by regulation of the Lieutenant Governor in Council.
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