Securities Act (amended)
Long title not yet sourced from the legislative registry.
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Legislative timeline
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Bill overview
Bill NS79, “Securities Act (amended)”, is a Nova Scotia bill from session assembly-61-session-2.
Its latest recorded status is “Passed”.
This overview is written automatically from the registry and vote records on this page and updates when they sync. It describes the bill's path, not its merits.
PLAIN-LANGUAGE SUMMARY
What you need to know
The Securities Act (amended) bill in Nova Scotia changes the existing securities laws to ensure they align with the needs of the province's economy. It updates the rules for companies issuing securities, requires more transparency from those involved in the securities market, and strengthens the oversight of the Nova Scotia Securities Commission. This bill aims to protect investors and maintain the integrity of the securities market in Nova Scotia.
AI-generated from official records and reviewed against our editorial guardrails.
Key provisions
- 01This bill amends the Securities Act to update the regulatory framework for securities in Nova Scotia.
- 02The amendments to the Securities Act come into force on a date to be proclaimed by the Governor in Council.
- 03The Minister of Finance is responsible for the administration of the Securities Act.
- 04The Securities Act applies to all securities offered or sold in Nova Scotia.
- 05The Nova Scotia Securities Commission is responsible for enforcing the Securities Act.
- 06A person who contravenes the Securities Act is liable to a fine or imprisonment, or both.
Vote roll
No division has been recorded for this bill yet.