An Act to Amend the Credit Unions Act
Her Majesty, by and with the advice and consent of the Legislative Assembly of New Brunswick, enacts as follows:
1 The Credit Unions Act, chapter C-32.2 of the Acts of New Brunswick, 1992, is amended by adding after section 215 the following:
Agent of Crown
215.1 The Corporation is, for all purposes, an agent of Her Majesty in right of the Province.
Amendment to the Proceedings Against the Crown Act
2 Section 1 of the Proceedings Against the Crown Act, chapter P-18 of the Revised Statutes, 1973, is amended in the definition “Crown corporation” by adding a comma followed by “the New Brunswick Credit Union Deposit Insurance Corporation” after “the New Brunswick Securities Commission”.
3 This Act shall be deemed to have come into force on October 31, 2008.