BILL 50
An Act to Amend the
Political Process Financing Act
Her Majesty, by and with the advice and
consent of the Legislative Assembly of New Brunswick, enacts as follows:
1 Subsection
32.1(1) of the French version of the Political Process Financing Act,
chapter P-9.3 of the Acts of New Brunswick, 1978, is amended
(a) in paragraph
a) by striking out “trentre” and substituting “trente”;
(b) in paragraph
b) by striking out “dollars” and substituting “dollar”.
2 Section
33.2 of the Act is amended
(a) in paragraph
(c) by striking out “and” at the end of the paragraph;
(b) in
paragraph (d) by striking out the period at the end of the paragraph
and substituting a comma;
(c) by adding
after paragraph (d) the following:
(e) for the year 1998, shall be an amount
that equals 0.75 per cent less than its annual allowance for the year
1997 as published under subsection 32(2),
(f) for the year 1999, shall be an amount
that equals 0.33 per cent less than its annual allowance for the year
1998 as published under subsection 32(2),
(g) for the year 2000, shall be an amount
that equals 1.00 per cent less than its annual allowance for the year
1999 as published under subsection 32(2),
(h) for the year 2001, shall be an amount
that equals 0.15 per cent more than its annual allowance for the year
2000 as published under subsection 32(2),
(i) for the year 2002, shall be an amount
that equals 0.17 per cent more than its annual allowance for the year
2001 as published under subsection 32(2),
(j) for the year 2003, shall be an amount
that equals 3.37 per cent less than its annual allowance for the year
2002 as published under subsection 32(2),
(k) for the year 2004, shall be an amount
that equals 1.75 per cent more than its annual allowance for the year
2003 as published under subsection 32(2),
(l) for the year 2005, shall be an amount
that equals 2.00 per cent more than the annual allowance for the year
2004, as published under subsection 32(2), and
(m) for the year 2006, shall be an amount
that equals the annual allowance for the year 2005, as published under
subsection 32(2).
3 Subsection
46(3) of the French version of the Act is amended by striking out “d’une
corporation” and substituting “d’une contribution”.
4 Section 2 of this Act shall be deemed to
have come into force on January 1, 1998.