2003 Legislative Session: 4th Session, 37th Parliament
The following electronic version is for informational
The printed version remains the official version.
Certified correct as passed Third Reading on the 2nd day of
Ian D. Izard, Law Clerk
HONOURABLE GEORGE ABBOTT
MINISTER OF COMMUNITY, ABORIGINAL
AND WOMEN'S SERVICES
HER MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of British Columbia, enacts as follows:
1 The Municipalities Enabling and Validating Act (No. 3), S.B.C. 2001, c. 44, is amended by adding the following section:
12 (1) Despite the provisions of the Local Government Act respecting a municipality's authority to incur liabilities, the agreements between The Corporation of the District of North Vancouver and Canlan Investment Corporation, dated May 7, 1998, and the agreement between that municipality, Canlan Investment Corporation and the Toronto-Dominion Bank, dated May 7, 1998, are confirmed and validated effective that date.
(2) All resolutions, bylaws and actions of The Corporation of the District of North Vancouver in relation to the agreements referred to in subsection (1) are conclusively deemed to have been validly adopted and taken as of the date that they were adopted or taken, to the extent they would have been valid had this section been in force on the date they were adopted or taken.
(3) This section is retroactive to the extent necessary to give full force and effect to its provisions and must not be construed as lacking retroactive effect in relation to any matter because it makes no specific reference to that matter.
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