Bill 4 (Legislature 8, Session 7)

L8 S7 7972

Alberta — Bills

BILL No.4 of 1938 (Second Session). An Ac.t to Amend The Municipal Hail Insurance Act. ( Assented to , 1938.) 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 Muncipal Hail Insur ance Act Amendment Act, 1938." 2. The Municipal Hail Insurance Act, being

chapter of the Revised Statutes of Alberta, 1922, is hereby amended by inserting therein immediately after

section the follow ing new section: "8.-

(1) The Lieutenant Governor in Council may at any time by order direct that the Hail Insurance District be disorganized as and from a date fixed for that purpose on the order and appoint any person or persons asa liquidator or liquidators for the purpose 'Of winding up the business and affairs of the district and the Board. "

(2) Upon the making of any such order the Hail Insur ance District shall as and from the date fixed thereby be disorganized and cease to exist save and excep.t only for the purpose of winding up its business and affairs, and as and from the said date the Board shall cease to exist and all its powers and functions shall be vested in and exercised by the liquidator to such extent as may be required for the purpose of winding up the business and affairs of the district and the Board. "

(3) The liquidator is hereby authorized and empowered to make allowances in respect of arrears of taxes at such rate or rates and upon such terms and conditions as may be prescrilbed from time to time by the Lieutenant Governor in Council. "( 4) . The liquidator may aUow to the secretary of any municipal district in respect of all taxes collected from and after the date of disorganization such commission not in excess of five percent as the liquidator may consider proper. "

(5) The liquidator shall receive such remuneration for his services as may be prescribed from time to time by the Lieutenant Governor in Council. "

(6) The Alberta Hail Insurance Board as constituted by The Alberta Hail Insurance Act, being

chapter of the Statutes of Alberta, 1938, may be appointed as such liquid ator and the said Board shaH have all the powers and capaci ties to accept such appointment and upon being so appointed shall have all the powers which are necessary for or inci dental to the carrying out of the powers, duties and functions of the liquidator." 3. This Act shall come into force on the day upon which it is assented to. SEVENTH SESSION EIGHTH LEGISLATURE GEORGE VI 1938 (SiElCOND SESSION) BILL

An Act to Amend The Municipal Hail Insurance Act. Received and read the First time ....................................... . Second time ..................................... . Third time ....................................... . HON. MR. MAYNARD. EDMONTON: A. Shnitka. King's Printer Title: 1938 (8th, 7th) Bill 4,

An Act to Amend The Municipal Hail Insurance Act

Document details

Collection	Alberta — Bills
Citation	L8 S7 7972
Type	bill
Volume / chapter	L8 S7 7972
Language	en
Format	json
Source	PROVINCIAL
Identifier	1aead25e8d3309fbc84be0e740c46cb1984abf30

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