Dry Docks Subsidies Act (R.S.C., 1985, c. D-4).

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LEX-FAOC115127

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The purpose of the present Act is to encourage the construction of dry docks. In particular, section 3 establishes that the Governor in Council may, as an aid to the construction of any dry dock, authorize the payment out of any unappropriated money forming part of the Consolidated Revenue Fund of a subsidy, in accordance with this Act, to any incorporated company, approved by the Governor in Council as having the ability to perform the work, that enters into an agreement with Her Majesty to construct a dry dock under this Act, with all necessary equipment, machinery and plant, for the reception and repairing of vessels. Section 6 deals with expropriation authorizing companies - if they consider that it is necessary for a site for the dry dock – to expropriate the land, property or interest. The text consists of 21 sections.

Implemented by: Canadian Vickers Dry Dock Regulations (SOR/67-346). (1967-06-29)

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