[by the British North
America Act, 1867 ... admit Rupert's Land and the North-western
Territory,] or either of them, into the Union on such Terms and
Conditions as are in the Address expressed and as Her Majesty thinks
fit to approve, subject to the Provisions of the said Act:
And, whereas for the Purpose of carrying into effect
the Provisions of the said British North America Act, 1867, and of
admitting Rupert's Land into the said Dominion as aforesaid upon such
Terms as Her Majesty thinks fit to approve, it is expedient that the
said Lands, Territories, Rights, Privileges, Liberties, Franchises,
Powers, and Authorities, so far as the same have been lawfully granted
to the said Company, should be surrendered to Her Majesty, Her Heirs
and Successors...
upon such Terms and Conditions
as may be agreed upon by and between Her Majesty and the said Governor
and Company as herein-after mentioned:
Be it therefore enacted by the Queen's most
Excellent Majesty, by and with the Advice and Consent of the Lords
Spiritual and Temporal, and Commons, n the present Parliament
assembled, and by the Authority of the same, as follows:
1. This Act may be cited as "Rupert's Land Act,
1868."
2. For the Purposes of this Act the Term "Rupert's
Land" shall include the whole of the Lands and Territories held or
claimed to be held by the said Governor and Company.
3. It shall be competent for the said Governor and
Company to surrender to Her Majesty, and for Her Majesty by any
Instrument under Her Sign Manual and Signet to accept a Surrender of
all or any of the Lands, Territories, Rights, Privileges, Liberties,
Franchises, Powers, and Authorities whatsoever granted or purported to
be granted by the said Letters Patent to the said Governor and Company
within Rupert's Land, upon such Terms and Conditions as shall be agreed
upon by and between Her Majesty and the said Governor and Company
within Rupert's Land; provided, however, that such Surrender shall not
be accepted by Her Majesty until the Terms and Conditions upon which
Rupert's Land shall be admitted into the said Dominion of Canada shall
have been approved of by Her Majesty, and embodied in an Address to Her
Majesty from both the Houses of the Parliament of Canada in pursuance
of the One hundred and forty-sixth Section of the British North America
Act, 1867; and that the said Surrender and Acceptance thereof shall be
null and void unless within a month from the Date of such Acceptance
her Majesty does by Order in Council under the Provisions of the said
last-recited Act admit Rupert's Land into the said Dominion; provided,
further, that no Charge shall be imposed by such Terms upon the
Consolidated Fund of the United Kingdom.