Bill S-25

SUMMARY

This enactment broadens the Corporation’s investment powers as it amends the Act of incorporation of the General Synod of the Anglican Church of Canada, being chapter 82 of the Statutes of Canada, 1921, as amended by chapter 35 of the Statutes of Canada, 1951 (second session) by replacing section 6A of the Act incorporating The General Synod of the Church of England in Canada, the name of which was changed to The General Synod of the Anglican Church of Canada by chapter 57 of the Statutes of Canada, 1956. The current section 6A restricts the securities in which the General Synod may invest its funds, including trust funds.