Bill 266 — Fourth Session, 22Nd Legislature, 41 Elizabeth Ii the Legislative Assembly of Alberta Bill 266 Business Corporations Amendment Act Mrs. Black (Legislature 22, Session 4)

L22 S4 2472

Alberta — Bills

1992 BILL 266 Fourth Session, 22nd Legislature, 41 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL 266 BUSINESS CORPORATIONS AMENDMENT ACT MRS. BLACK First Reading Second Reading Committee of the Whole Third Reading Royal Assent Title: 1992 (22nd, 4th) Bill 266, Business Corporations Amendment Act

Bill 266 Mrs. Black BILL 266 1992 BUSINESS CORPORATIONS AMENDMENT ACT (Assented to , 1992) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: 1 The Business Corporations Act is amended by this Act. 2 The following is added after

section 96: 96.1 At any time after the appointment of a receiver manager under this Part or under

section 234, the Registrar or any official appointed by him for the purpose, may (

a) require the receiver to report to the Registrar on the receivership and to provide any accounts, records or papers respecting the receivership, or (

b) apply to the court for an order (

i) requiring the receiver to do anything which the Registrar believes to be in the best interests of the parties affected by the receivership or to refrain from doing anything which the Registrar believes to be against the interests of those involved in the receivership, or 1

Explanatory Notes 1 This Bill will amend

chapter B-15 of the Statutes of Alberta 1981. 2 This new

section will give an official of the Registrar of Companies the power to demand an accounting from receivers and to apply to the court to have the receivership expedited in the interests of those affected. 1

(ii) to have the appointment of the receiver terminated and another receiver appointed in his place, or to have the accounts of the receiver for his services as receiver reviewed by the court, (iii) and on such application the court may make such order as it sees fit. 3 This Act comes into force on Proclamation. 2 Title: 1992 (22nd, 4th) Bill 266, Business Corporations Amendment Act

Document details

Collection	Alberta — Bills
Citation	L22 S4 2472
Type	bill
Volume / chapter	L22 S4 2472
Language	en
Format	json
Source	PROVINCIAL
Identifier	0d428c4bbb0ea72707e61fdda354f8ace027b18b

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