Bill 58 — Fourth Session, 22Nd Legislature, 42 Elizabeth Ii the Legislative Assembly of Alberta Bill 58 Students Loan Guarantee Amendment Act, 1993 (Legislature 22, Session 4)

L22 S4 2410

Alberta — Bills

1992-93 BILL Fourth Session, 22nd Legislature, 42 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL STUDENTS LOAN GUARANTEE AMENDMENT ACT, 1993 THE MINISTER OF ADVANCED EDUCATION AND CAREER DEVELOPMENT First Reading Second Reading Committee of the Whole Third Reading Royal Assent Title: 1992 (22nd, 4th) Bill 58, Students Loan Guarantee Amendment Act, 1993 Bill BILL STUDENTS LOAN GUARANTEE AMENDMENT ACT, 1993 (Assented to , 1993) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: 1 The Students Loan Guarantee Act is amended by this Act. 2 Section 9(2) and (3) are repealed and the following is substituted:

(2) The Minister is prohibited from issuing any certificate that if presented by a student to a credit institution for a loan would increase the outstanding principal liability of the Government beyond the amount specified by the Lieutenant Governor in Council at any given time. 3 This Act comes into force on Proclamation. 1 Explanatory Notes Amends

chapter S-25 of the Revised Statutes of Alberta 1980. 2 Section 9(2) and (3) presently read:

(2) Subject to subsection (3), the Minister is prohibited from issuing any certificate which if presented by a student to a credit institution for a loan would increase the outstanding principal liability of the Government beyond $250 at any given time.

(3) The Lieutenant Governor in Council may establish a lesser sum than that referred to in subsection (2), in which case the Minister is prohibited from issuing a certificate which if presented by a student to a credit institution for a loan would increase the outstanding liability of the Government beyond the amount specified by the Lieutenant Governor in Council at any given time. 3 Coming into force. 1 Explanatory Notes Title: 1992 (22nd, 4th) Bill 58, Students Loan Guarantee Amendment Act, 1993

Document details

Collection	Alberta — Bills
Citation	L22 S4 2410
Type	bill
Volume / chapter	L22 S4 2410
Language	en
Format	json
Source	PROVINCIAL
Identifier	0c735294438e0872d8f77877c006be99d683a44f

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