Bill 5 — First Session, 21St Legislature, 35 Elizabeth Ii the Legislative Assembly of Alberta Bills Rural Electrification Revolving Fund Amendment Act, 1986 (Legislature 21, Session 1)
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Alberta — Bills
1986 BILL First Session, 21st Legislature, 35 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILLS RURAL ELECTRIFICATION REVOLVING FUND AMENDMENT ACT, 1986 THE MINISTER OF TRANSPORTATION AND UTILITIES First Reading ,,,, Second Reading Committee of the Whole Third Reading Royal Assent Bill BILLS RURAL ELECTRIFICATION REVOLVING FUND AMENDMENT ACT, 1986 (Assented to , 1986) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: 1 The Rural Electrification Revolving Fund Act is amended by this Act. 2 Section 2(2) is amended by striking out "$55 000 000" and substi tuting "$75 000 000". Explanatory Notes This Bill will amend
chapter R-18 of the Revised Statutes of Alberta 1980. 2
Section presently reads: 2(1) The Provincial Treasurer shall establish a fund to be known as the Rural Electrification Revolving Fund.
(2) From time to time there shall be advanced from the General Revenue Fund to the fund, on the requisition of the Director money required for the purposes of this Act, but the amount of advances outstanding at any time shall not exceed $55 000 000. Explanatory Notes Title: 1986 (21st, 1st) Bill 5, Rural Electrification Revolving Fund Amendment Act, 1986