Chamber
pei
Stage
Introduced
This PEI bill dissolves the Crown Building Corporation by repealing the law that created it.
Key Changes
- Repeals the Crown Building Corporation Act (R.S.P.E.I. 1988, Cap. C-31)
- Removes the Prince Edward Island Crown Building Corporation from the list of Crown corporations in Schedule B of the Financial Administration Act
- Formally dissolves the Prince Edward Island Crown Building Corporation in law
Gotchas
- The explanatory notes confirm the corporation has already been 'properly wound up,' meaning this bill is a legal formality rather than an operational change — the corporation was already inactive before this bill was introduced.
- No transition provisions or successor arrangements are outlined in the bill, suggesting all such matters were handled during the wind-up process prior to this legislation.
Who's Affected
- Prince Edward Island provincial government (administrative cleanup)
- Any remaining stakeholders or parties previously connected to the Crown Building Corporation
Vibes
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Gotchas
- The explanatory notes confirm the corporation has already been 'properly wound up,' meaning this bill is a legal formality rather than an operational change — the corporation was already inactive before this bill was introduced.
- No transition provisions or successor arrangements are outlined in the bill, suggesting all such matters were handled during the wind-up process prior to this legislation.
Summary
This bill repeals the Crown Building Corporation Act in Prince Edward Island, effectively dissolving the Prince Edward Island Crown Building Corporation. The corporation has already been wound up (shut down and its affairs settled), so this bill is the final legal step to remove it from existence entirely. The bill also removes the Crown Building Corporation from the list of Crown corporations found in Schedule B of the Financial Administration Act. This is standard housekeeping legislation — it cleans up provincial law to reflect that the corporation no longer operates. This bill was introduced by the Minister of Transportation and Infrastructure and is a government bill, meaning it was brought forward by the provincial government rather than a private member.
Automatically generated from bill text using Claude
Vibes
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