Bill 218 — Fourth Session, 19Th Legislature, 31 Elizabeth I~ the Legislative Assembly of Alberta Bill 218 Alberta Agricultural Research Foundation Act (Legislature 19, Session 4)

L19 S4 3844

Alberta — Bills

1982 BILL Fourth Session, 19th Legislature, 31 Elizabeth I~ THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL ALBERTA AGRICULTURAL RESEARCH FOUNDATION ACT MR. COOK First Reading ................................................................ . Second Reading ........................... ",,'l~a. r.-, • .. -\.lrl •• -t. i,' " •••••• , ..... . Committee of the Whole ................................ -'-'r'\ ........... _.~ •• Third Reading ............................................................... . Royal Assent ................................................... . ..h' ........ ., •••••••

Definitions Foundation established Operation of Foundation Bill Mr. Cook BILL ALBERTA AGRICULTURAL RESEARCH FOUNDATION ACT (Assented to , 1982) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: 1 In this Act, (a) "Foundation" means the Alberta Agricultural Research Foundation created by

section 2; and (b) "Minister" means the Minister of Agriculture. 2 There is hereby established the Alberta Agricultural Research Foundation. 3( 1) The Foundation shall be managed by a Board of members appointed as follows: (a) 6 by Order of the Lieutenant Governor in Council; (b) 1 by the University of Alberta; (c) 1 by the University of Calgary; and (d) 1 by Unifarm.

(2) The Board at its first meeting shall elect of its members to be chairman and to be vice-chairman.

(3) The Board shall have the direction of the affairs of the Foun dation and control of its assets.

(4) The members of the Board shall be paid such remuneration and Object of Foundation Powers of the Board Financial operation Report to the Legislature Auditor receive such reimbursement of expenses as is specified by Order of the Lieutenant Governor in Council to be paid out of money appro priated to that purpose by the Legislature. 4 The object of the Foundation is the funding and carrying out of research into agriculture in the Province, including the improvement of present agricultural products and production, the development of new agricultural products and techniques and the development and improvement of the processing of agricultural products. 5 The Board of the Foundation has the power (

a) to employ such officers and staff, and establish such facilities as are necessary or desirable to carry out its functions; (

b) to acquire, hold and alienate real, personal and intellectual property necessary or desirable for the carrying out of its functions; (

c) to contract with others for the carrying out of all or any of the functions of the Foundation; and (

d) to carry out such other functions as are necessary for the achievement of its objects. 6( 1) The Foundation may receive, hold and disburse for the achieve ment of its objects such money as is appropriated to it by the Leg islature,or is transferred to it by gift or bequest.

(2) The Foundation may make grants for the purpose of achieving its objects.

(3) The Foundation shall not be operated for the purpose of profit or gain. 7 The Foundation shall, after the end of each year, prepare a report on its operations for the year which shall be submitted, with an audited financial statement, to the Minister who shall table it in the Legislative Assembly if it is then sitting, and if it is not then sitting, within 15 days of the commencement of the next sitting. S The Auditor General is the auditor of the Foundation. In accordance with section 4(1) of the

Interpretation Act, this Bill comes into force on the date it receives Royal Assent. Title: 1982 (19th, 4th) Bill 218, Alberta Agricultural Research Foundation Act

Document details

Collection	Alberta — Bills
Citation	L19 S4 3844
Type	bill
Volume / chapter	L19 S4 3844
Language	en
Format	json
Source	PROVINCIAL
Identifier	183edfc8038599c93a092b45393ffd325561ecfa

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