Bill C-638

3rd Session, 40th Parliament,

59-60 Elizabeth II, 2010-2011

house of commons of canada

BILL C-638

An Act respecting the establishment of a National Strategy for the Purchase and Sale of Second-hand Precious Metal Articles

Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:

SHORT TITLE

1. This Act may be cited as the Purchase and Sale of Precious Metal Articles Act.

NATIONAL STRATEGY FOR THE PURCHASE AND SALE OF SECOND-HAND PRECIOUS METAL ARTICLES

2. The Government of Canada shall establish a national strategy to recommend measures to protect Canadians from corrupt practices in the purchase and sale of second-hand precious metal articles by precious metal dealers, including

(a) the establishment, in consultation with the provincial governments, of national standards of practice for the purchase and sale of second-hand precious metal articles governing, among other things,

(i) the process and manner of purchase and sale of articles on the Internet, through a courier or by mail,

(ii) the use and maintenance of scales to weigh precious metal articles,

(iii) pricing and advertising,

(iv) the maintenance of records,

(v) a complaint redress mechanism, and

(vi) the delivery of related services;

(b) a study, in consultation with the provincial governments, of the licensing of precious metal dealers; and

(c) the creation of a national surveillance program.