Acts and Regulations

2013, c.30 - Financial and Consumer Services Commission Act

Full text
Liability
66(1)The debts and other liabilities of the Crown in right of the Province incurred before the commencement of this Act under financial and consumer services legislation or in regard to the administration of that legislation that are in existence immediately before the commencement of this Act continue to be vested in the Crown in right of the Province on the commencement of this section.
66(2)No action or other proceedings lies, shall be instituted or shall be continued against the Commission for any liability that continues to be vested in the Crown in right of the Province under subsection (1).
66(3)Nothing in this section shall expose or cause the Crown in right of the Province to be exposed to or to be liable for any greater liability than would have occurred had this section not come into force.
Liability
66(1)The debts and other liabilities of the Crown in right of the Province incurred before the commencement of this Act under financial and consumer services legislation or in regard to the administration of that legislation that are in existence immediately before the commencement of this Act continue to be vested in the Crown in right of the Province on the commencement of this section.
66(2)No action or other proceedings lies, shall be instituted or shall be continued against the Commission for any liability that continues to be vested in the Crown in right of the Province under subsection (1).
66(3)Nothing in this section shall expose or cause the Crown in right of the Province to be exposed to or to be liable for any greater liability than would have occurred had this section not come into force.