Bill 243 — Third Session, 19Th Legislature, 30 Elizabeth Ii the Legislative Assembly of Alberta Bill 243 An Act To Amend the Alberta Opportunity Fund Act (Legislature 19, Session 3)

L19 S3 4008

Alberta — Bills

1981 BILL Third Session, 19th Legislature, 30 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL

AN ACT TO AMEND THE ALBERTA OPPORTUNITY FUND ACT MR. NOTLEY First Reading Second Reading Committee of the Whole Third Reading Royal Assent Title: 1981 (19th, 3rd) Bill 243,

An Act to Amend the Alberta Opportunity Fund Act Bill Mr. Notley BILL

AN ACT TO AMEND THE ALBERTA OPPORTUNITY FUND ACT (Assented to , 1981) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: 1 The Alberta Opportunity Fund Act is amended by this Act. 2

Section is amended (

a) by renumbering clause (

a) as clause (a.1), and (

b) by adding the following before the renumbered clause (a.1): “(a) “applicant” means a commercial enterprise eligible for loans and guarantees under this Act that is making application for a loan or guarantee under this Act;” 3 The following is added after

section 12: "12.1 No applicant shall be required, as a condition of obtaining a loan or guarantee, to satisfy the Company that adequate finan cial assistance is not obtainable from any other source on rea sonable terms and conditions.” 4 This Act comes into force on the day upon which it is assented to. 1 Explanatory Notes This Bill will amend

chapter of The Alberta Opportunity Fund Act. 2 Adds a definition. 3 Removes requirement to show other sources of financial assistance not available. 4 Coming into force. 1 Title: 1981 (19th, 3rd) Bill 243,

An Act to Amend the Alberta Opportunity Fund Act

Document details

Collection	Alberta — Bills
Citation	L19 S3 4008
Type	bill
Volume / chapter	L19 S3 4008
Language	en
Format	json
Source	PROVINCIAL
Identifier	1b80d60a52148f23c8ed074a88f681b9d24da3f2

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