Bill 13 (Legislature 19, Session 4)

L19 S4 3804

Alberta — Bills

1982 BILL Fourth Session, 19th Legislature, 31 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL ALBERTA MUNICIPAL FINANCING CORPORATION AMENDMENT ACT, 1982 THE PROVINCIAL TREASURER First Reading ......................... ~, .. , ...... _. _a' __ •••••••••••••••• Second Reading ....................... ____ ........................ . Committee of the Whole .......................................... . Third Reading ..................................................... . Royal Assent ....................................................... .

Bill BILL 13 ALBERTA MUNICIPAL FINANCING CORPORATION AMENDMENT ACT, 1982 (Assented to ,1982) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: 1 The Alberta Municipal Financing Corporation Act is amended by this Act. 2 Section 29(1) is amended by striking out "$4300000000" and substituting "$5 800 000 000". In accordance with section 4(1) of the

Interpretation Act, this Bill comes into force on the date it receives Royal Assent. 1 Explanatory Notes This Bill will amend

chapter A-33 of the Revised Statutes of Alberta 1980. 2 Section 29(1) presently reads: 29(1) Notwithstanding anything in sections 22, 24 and 25, the corporation shall not borrow any money by the issue and sale of notes, bonds or deben tures or by way of temporary loan when the borrowing would cause the aggregate principal amount of (

a) the outstanding securities issued by the corporation, and (

b) the outstanding temporary loans raised by the corporation, to exceed the aggregate sum of$4 300 000 000. 1 Title: 1982 (19th, 4th) Bill 13, Alberta Municipal Financing Corporation Amendment Act, 1982

Document details

Collection	Alberta — Bills
Citation	L19 S4 3804
Type	bill
Volume / chapter	L19 S4 3804
Language	en
Format	json
Source	PROVINCIAL
Identifier	1bd92097fa2eb396f0ce70dafcbf36e669b04196

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