Bill 38, Balanced Budget Amendment Act, 2003

[38] Bill 38 Original (PDF)

Bill 38 2003

An Act to amend the
Balanced Budget Act, 1999

Her Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Ontario, enacts as follows:

1.  Subsection 3 (9) of the Balanced Budget Act, 1999 is repealed.

Commencement

2.  This Act comes into force on the day it receives Royal Assent.

Short title

3.  The short title of this Act is the Balanced Budget Amendment Act, 2003.

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EXPLANATORY NOTE

The Bill repeals subsection 3 (9) of the Balanced Budget Act, 1999 which currently provides for an exception to the requirement that the Executive Council plan for a balanced budget. The exception applies when there is a change in government.

Date Bill stage Activity Committee
December 18, 2003First ReadingCarried on division-

Debates and Progress

First Reading

December 18, 2003

Second Reading

Committee

Third Reading

Royal Assent:

Coming into force:Royal Assent.

Acts Affected: Most Ontario public acts are available electronically; to view copies of the Acts to be amended by this bill visit e-Laws.

Balanced Budget Act, 1999