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Bill C-205

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1st Session, 39th Parliament,
55 Elizabeth II, 2006
house of commons of canada
BILL C-205
An Act to amend the Nuclear Energy Act (change of responsible minister)
R.S., c. A-16; 1997, c. 9, s. 89
Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:
1. The definition “Minister” in section 2 of the Nuclear Energy Act is replaced by the following:
“Minister”
« ministre »
“Minister” means the Minister of Industry;
2. The Act is amended by adding the following after section 11:
Transfer of shares
11.1 (1) Any shares of the company Atomic Energy of Canada Limited that are owned or held by the Minister of Natural Resources under subsection 11(1) as it read immediately before the coming into force of this section are hereby transferred to the Minister of Industry, who is hereby authorized to acquire the shares.
Registration and holding of shares
(2) The shares transferred to the Minister by subsection (1) shall be registered in the books of the company Atomic Energy of Canada Limited in the name of the Minister and shall be owned or held by the Minister in trust for Her Majesty in right of Canada.
Published under authority of the Speaker of the House of Commons
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