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| Repeal of
R.S., c. C-39
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569. The Dominion Controverted
Elections Act is repealed.
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| Repeal of
R.S., c. C-45
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570. The Corrupt Practices Inquiries Act
is repealed.
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| Repeal of
R.S., c. D-3
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571. The Disfranchising Act is repealed.
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| Repeal of
R.S., c. E-2
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572. The Canada Elections Act is
repealed.
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| Bill C-67
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573. If Bill C-67, introduced in the first
session of the thirty-sixth Parliament and
entitled An Act to amend the Bank Act, the
Winding up and Restructuring Act and other
Acts relating to financial institutions and to
make consequential amendments to other
Acts, is assented to, then, on the later of the
day on which that Act is assented to and the
day on which section 437 of this Act comes
into force, subsection 437(1) of this Act is
replaced by the following:
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| Election
account
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437. (1) An official agent of a candidate
shall open a separate election account in a
Canadian financial institution, as defined in
section 2 of the Bank Act, or in an authorized
foreign bank as defined in that section, that is
not subject to the restrictions and
requirements referred to in subsection 524(2)
of that Act.
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| Account
holder and
date of
opening
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(1.1) The election account must indicate the
date on which it was opened and name the
account holder as follows: ``(name of official
agent), official agent for (name of candidate,
year)''.
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| Bill C-67
|
574. If Bill C-67, introduced in the first
session of the thirty-sixth Parliament and
entitled An Act to amend the Bank Act, the
Winding up and Restructuring Act and other
Acts relating to financial institutions and to
make consequential amendments to other
Acts, is assented to, then, on the later of the
day on which that Act is assented to and the
day on which section 557 of this Act comes
into force, subsection 127(3.2) of the Income
Tax Act, as amended by this Act, is replaced
by the following:
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| Deposit of
amounts
contributed
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(3.2) If a monetary contribution has been
provided to an official agent of a candidate
whose nomination has been confirmed, other
than a candidate whose nomination has been
confirmed in an electoral district referred to in
Schedule 3 to the Canada Elections Act, the
official agent shall without delay deposit the
amount of the monetary contribution in an
account standing to the credit of the official
agent in the agent's capacity as such in the
records of a branch or other office in Canada
of a Canadian financial institution, as defined
in section 2 of the Bank Act, or in an
authorized foreign bank, as defined in that
section, that is not subject to the restrictions
and requirements referred to in subsection
524(2) of that Act.
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| Coming into
force
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575. This Act comes into force six months
after the day on which it is assented to
unless, before that time, the Chief Electoral
Officer has published a notice in the Canada
Gazette that the necessary preparations for
the bringing into operation of this Act have
been made and that this Act may come into
force accordingly.
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