Mr. Speaker, I would like to explain what Motion No. 8 standing in my name is all about with respect to Bill C-4.
It is a consequential and technical amendment. The clause was amended when the bill was before committee. The clause allows members of the foundation to select an auditor at the annual meeting of the members, thereby alleviating the need to hold a separate meeting to appoint the auditor.
The new language of clause 26(1), as amended in committee, is as follows:
At the first meeting of the members, and in any subsequent fiscal year at the annual meeting, the members shall appoint an auditor for.
Upon reviewing the bill and after the committee had finished its work, it became apparent that a consequential amendment was required in subclause 26(3) to make subclause 26(3) consistent with the change made in committee to subclause 26(1).
Accordingly Motion No. 8 now before the House dealing with subclause 26(3) is that consequential amendment to make sure subclause 26(3) at report stage is consistent with the change made during committee hearings to subclause 26(1). It is not a substantive amendment but obviously the two subclauses have to be consistent.