Bill 8 — Third Session, 18Th Legislature, 26 Elizabeth Ii the Legislative Assembll¥,\01;.Alueltt A Bill 8 the Alberta Opportunity Fund Amendment Act, 1977 (Legislature 18, Session 3)

L18 S3 5710

Alberta — Bills

1977 BILL Third Session, 18th Legislature, 26 Elizabeth II THE LEGISLATIVE ASSEMBLL¥,\01;.ALUeltt A BILL THE ALBERTA OPPORTUNITY FUND AMENDMENT ACT, 1977 THE MINISTER OF BUSINESS DEVELOPMENT AND TOURISM First Reading ............................................ . Second Reading .......................................... . Third Reading ........................................... . Printed by the Queen's Printer for the Province of Alberta, EDMONTON Bill BILL THE ALBERTA OPPORTUNITY FUND AMENDMENT ACT, 1977 (Assented to ,1977) 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 hereby amended. 2.

Section is amended by adding after subsection (6) the following subsections:

(7) The Board may (

a) appoint an Executive Committee consisting of not less than four directors induding the chairman and the Managing Director, (

b) delegate to the Executive Committee any powers which it considers appropriate except the power to make by laws, and (

c) make the exercise of those powers subject to any condi tions which it considers appropriate.

(8) A majority of the members of the Executive Committee constitutes a quorum for the exercise by the Committee of its powers. 3. This Act comes into force on the day upon which it is assented to. 1 Explanatory Notes 1. This Bill will amend

chapter of the Statutes of Alberta, 1972. 2. This amendment will permit the Board to delegate power to an Executive Committee to deal with any necessary matters between Board meetings. - 1 Title: 1977 (18th, 3rd) Bill 8, The Alberta Opportunity Fund Amendment Act, 1977

Document details

Collection	Alberta — Bills
Citation	L18 S3 5710
Type	bill
Volume / chapter	L18 S3 5710
Language	en
Format	json
Source	PROVINCIAL
Identifier	238f6d1e0d780336d4fcb6963f1795292ab63134

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