Bill 2 (Legislature 8, Session 5)

L8 S5 8223

Alberta — Bills

BILL No.2 of 1937 (Third Session)

An Act to amend The Debt Adjustment Act, 1937. (Assented to , 1937.) HIS MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1. This Act may be cited as "The Debt Adjustment Act, 1937; Amendment Act, 1937." 2. The Debt Adjustment Act, 1937, being

chapter of the Statutes of Alberta, 1937, is hereby amended by striking out so much of

section as precedes paragraph (

b) and by sub stituting therefor the following: "3. There is hereby constituted a Board to be known as 'The Debt Adjustment Board' consisting of either one, two or three members as the Lieutenant Governor in Council may from time to time determine, and the Lieutenant Gov ernor in Council may from time to time: "(

a) appoint such person or persons as members of the Board as may be deemed advisa;ble, and prescribe the remuneration and duties of persons appointed as members of the Board;". 3. The S'aid Act is further amended as to

section there of: (

a) by striking out the words "due to causes beyond his control" where the same occur therein; and (

b) by striking out all the words commencing with the words, "Provided that this section" and ending with the last word of the section. 4. The said Act is fur,ther amended by inserting therein immediately after

section the following new section: "20a. Upon the appli~ation of any person who is: " (

a) a resident farmer; and " (

b) the lessee of any land under a crop share lease; and "(

c) the share of crop to which he is entitled as lessee to- gether wIth all other crops owned by him is such that he is unable to provide himself with the neces sities of life and/or feed for his live stock and/or seed grain, otherwise than by the sale of farm machinery and live stock reasonably necessary for the working of his land, or by the S'ale of goods and chattels which are exempt from seizure under execution pursuant to The Exemptions Act,- 2 "the Board may make an order authorizing the applicant to retain for his own use so much of the share of crop which is deliverable to the lessor as the Board in its discre,tion con siders sufficient to provide the applicant with such neces sities and/or feed and! or seed grain; and upon any such order being made the share of crop deliverable to the lessor for the year to which the order relates shall be reduced by the amount which the lessee is by the order authorized to retain." 5.

Every Order in Council constituting any Debt Adjust ment Board heretofore made in pursuance of any provisions of The Debt Adjustment Act, 1931, or The Debt Adjustment Act, 1933, or The Debt Adjustment Act, 1936, is each hereby confirmed, ratified and validated, and every constitution of a Board so made shall as and from the date of the Order in Council constituting that Board be as good, valid and effec tual as if the same had been made by

an Act of the Legisla ture. G. This Act shall come into force on the day upon which it is assented to. FIFTH SESSION EIGHTH LEGISLATURE GEORGE VI 19~7 (THIRD SESSION) BILL

An Act to Amend The Debt Adjust ment Act, 1937. Received and read the First time ....................................... . Second time ..................................... . Third time ....................................... . HON. MR. MAYNARD. EDMONTON: A. Shnitka, King's Printer Title: 1937 (8th, 5th) Bill 2,

An Act to amend The Debt Adjustment Act, 1937

Document details

Collection	Alberta — Bills
Citation	L8 S5 8223
Type	bill
Volume / chapter	L8 S5 8223
Language	en
Format	json
Source	PROVINCIAL
Identifier	1078ee2bf69edc6b945e5f5914894e51853f6410

Source file is stored in the law ingest library (json).