Bill 59 — Fourth Session, 18Th Legislature, 27 Elizabeth Ii the Legislative Assembly of Alberta Bill 59 the Freehold Mineral Taxation Amendment Act, 1978 (Legislature 18, Session 4)

L18 S4 4367

Alberta — Bills

1978 BILL Fourth Session, 18th Legislature, 27 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL THE FREEHOLD MINERAL TAXATION AMENDMENT ACT, 1978 THE MINISTER OF ENERGY AND NATURAL RESOURCES First Reading ............................................ . Second Reading .......................................... . Committee of the Whole .................................. . Third Reading ........................................... . Royal Assent ............................................ .

Printed by the Queen's Printer for the Province of Alberta, EDMONTON Bill BILL 59 THE FREEHOLD MINERAL TAXATION AMENDMENT ACT, 1978 (Assented to , 1978) HER MAJESTY, by and with the advice and consent of the 'Legislative Assembly of Alberta, enacts as follows: 1 The Freehold Mineral Taxation Act is amended by this Act. 2 Section 7(2) is amended by repealing clauses (

a) and (

b) and substituting the/allowing: (

a) resort to any source to obtain information for the purposes of ascertaining the fair actual value of the assessed mineral rights, and (

b) by a written demand served personally or by registered mail require from any person any information specified by the assessor respecting the administration or enforcement of this Act within such time as he may specify in the demand. 3 This Act comes into force on the day upon which it is assented to. 1 Explanatory Notes This Bill will amend

chapter of the Statutes of Alberta, 1973. 2 Section 7(2) presently reads:

(2) In making an assessment, the assessor may, in accordance with this Act and the regulations, (

a) take any steps that he considers necessaty for the purpose 0/ ascertain ing the jair actual value 0/ the assessed mineral rights, and (

b) resort to all sources o/available injormation jar that pUlpose. The amendment is similar to the proposed amendment to section 61 (2) of The Oil and Gas Conservation Act, as contained in

section of Bill 55, The Oil and Gas Conservation Amendment Act, 1978. 1 Title: 1978 (18th, 4th) Bill 59, The Freehold Mineral Taxation Amendment Act, 1978

Document details

Collection	Alberta — Bills
Citation	L18 S4 4367
Type	bill
Volume / chapter	L18 S4 4367
Language	en
Format	json
Source	PROVINCIAL
Identifier	23899bc4545acc0f23231567299dcd7641564073

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