BILL 42

An Act to Amend the Legislative Assembly Act

Her Majesty, by and with the advice and consent of the Legislative Assembly of New Brunswick, enacts as follows:

1 Subsection 25(1.201) of the Legislative Assembly Act, chapter L-3 of the Revised Statutes, 1973, is repealed and the following is substituted:

25(1.201) Notwithstanding subsection (1.1), for the twelve month period commencing January 1, 2001, the annual indemnity payable to each member of the Legislative Assembly

(a) commencing January 1, 2001, shall be the amount determined by multiplying the annual indemnity payable to each member for the twelve month period commencing January 1, 2000, by 1.01, and

(b) commencing July 1, 2001, shall be the amount determined by multiplying the annual indemnity payable to each member commencing January 1, 2001, by 1.005,

and such annual indemnity shall be deemed to be the amount provided by subsection (1.1).

2 This Act shall be deemed to have come into force on January 1, 2001.