Bill 95 — Third Session, 16Th Legislature, 19 Elizabeth Ii Bill 95· An Act To Amend the Bills of Sale Act the Attorney General (Legislature 16, Session 3)

L16 S3 4787

Alberta — Bills

1970 Bill Third Session, 16th Legislature, 19 Elizabeth II BILL 95·

An Act to amend The Bills of Sale Act THE ATTORNEY GENERAL First Reading ............................. . Second Reading ............................ . Third Reading ........................... . Printed by L. S. Wall, Queen's Printer, Edmonton BILL

An Act to amend The Bills of Sale Act (Assented to , 1970) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1. The Bills of Sale Act is hereby amended. 2.

Section is amended by striking out the words "and with respect to renewal statements". 3.. This Act comes into force on the day upon which it is assented to. Expla natory Notes I. This Bill amends The Bills of Sale Act, R.S.A. 1955, c. 23. 2.

Section presently states: 31. Except with respect to affidavits of bona fides and with respect to renewal statements, this Act applies to bills Qf sale in which the Crown or any Minister, board, 'commission or o.fficer Qf the Executive Government of Canada or of any Province, acting IOn behalf of the Crown, is the grantee. This amendment makes applicable to the Crown the provisions of

section 13, subsection (1): 13.

(1) Where a registered bill IOf sale evidences a mortgage of chattels, it ceases to be valid after ,the expiration of three years from its registration, as against (

a) creditors, and (

b) subsequent purchasers or mortgagees claiming from or under the grantor in good faith, for valuaJble consideration and with oUit notice, whose conveyances or mQrtgages have been duly registered lOr are valid without registraUon, unless, before the expiration of that periQd, a renewal statement accompanied by the affidavit hereinafter mentioned is registered in accordance with subsections (2), (3) and (4). Title: 1970 (16th, 3rd) Bill 95,

An Act to amend The Bills of Sale Act

Document details

Collection	Alberta — Bills
Citation	L16 S3 4787
Type	bill
Volume / chapter	L16 S3 4787
Language	en
Format	json
Source	PROVINCIAL
Identifier	26d5f3dc2c5fef4c8bf60dbf5a195149312ad80e

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