Certainly when I read the motion that was my assumption of what was happening. What if proposed section 52 currently in the act becomes proposed subsection 52(1), and then this is proposed subsection 52(2). So what it is saying is that for the other provisions in the proposed act, the actual conflict of interest obligations, it is with those things that there would be an administrative monetary penalty of $50,000; it would not be for the failure to file the reports on time and so on, which is what the current section 52 was actually addressing, the $500 monetary penalty.
On June 8th, 2006. See this statement in context.