Bill 23 — Third Session, 19Th Legislature, 30 Elizabeth Ii the Legislative Assembly of Alberta Bill 23 the Alberta Heritage Scholarship Act (Legislature 19, Session 3)

L19 S3 3895

Alberta — Bills

1981 BILL 23 Third Session, 19th Legislature, 30 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL 23 THE ALBERTA HERITAGE SCHOLARSHIP ACT THE MINISTER OF ADVANCED EDUCATION AND MANPOWER First Reading ........................... , ... ~.-.-.- .••... ~ ... _ .... , ...... ..,.1:.1\.rn .. . Second Reading ............................................................ . Committee of the Whole .................................................. . Third Reading ............................................................... . Royal Assent ................................................................ .

Dclinllilln, \1t>cnJ Hcritacc S,holar.hlp F~nd Bill 23 BILL 23 1981 THE ALBERTA HERITAGE SCHOLARSHIP ACT (Assented to , 1981) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: 1 In this Act. (a) "Board" means the Students Finance Board established pur suant to The Students Finance Act, 1976; (b) "Fund" means the Alberta Heritage Scholarship Fund; (c) "Minister" means the member of the Executive Council charged by the Lieutenant Governor in Council with the admin istration of this Act; (d) "scholarship" means a scholarship under this Act and in cludes an award of distinction, prize or incentive under the regulations. 2(

I) There is hereby created a fund called the Alberta Heritage Scholarship Fund.

(2) The money invested for the purposes of this Act under The Alberta HeriTaRe SavinRs Trust Fund Act shall be paid into the Fund. ( 3 l The Provincial Treasurer (al shall. <,ubject to this Act and the regulations, hold and ad minister the Fund and ha<, the same powers of investment and of making loans with respect to the Fund that he has with respect to the General Revenue Fund under The Financial Administration Act. 1977. and (bl may. on behalf of the Fund, be a depositor in the Consoli- 1

Alberta Heritage Scholarships Committees dated Cash Investment Trust Fund under The Financial Admin istration Act, 1977.

(4) The income of the Fund accrues to and forms part of the Fund.

(5) The Provincial Treasurer shall, as soon as practicable after the end of each fiscal year of the Crown, prepare in accordance with The Financial Administration Act, 1977 a report of the financial transactions of the Fund during the preceding fiscal year. 3( 1) The Board is responsible for the provision of Alberta Heritage Scholarships from the Fund to (

a) recognize and reward the scholastic achievements of resi dents of Alberta and provide them with incentives to pursue post secondary education in Alberta, (

b) enable outstanding students who are residents of Alberta to pursue post-secondary education outside of Alberta, (

c) enable outstanding students from outside of Alberta to pursue post-secondary education in Alberta, and (

d) encourage and reward persons who have displayed outstand ing ability in at least 1 of several fields of endeavour, including, without limitation, the fine arts, performing arts, social sciences, the humanities, applied arts, physical sciences, education, career development, athletics and recreation.

(2) Alberta Heritage Scholarships shall consist of the classes of scholarships, awards of distinction, prizes and incentives prescribed in the regulations. 4(

I) The Board may establish committees that may include persons other than members of the Board for the purposes of (

a) considering applications for scholarships and making rec ommendations with respect to the scholarships to be awarded, including the classes, duration, number and amounts of schol arships, and (

b) advising the Board on the need for scholarships and alter natives to the granting of scholarships.

(2) The members of committees (

a) may be paid remuneration for the performance of their duties as members of committees, and (

b) shall be paid travelling and living expenses while abse~t from their ordinary places of residence and in the course of their duties as members of committees at the rates prescribed by the Minister. 2

Annual rcpon Scholar,hlp paymcnh Limitation on ,chola",hip payment, 5( 1) The Board shall. as soon as practicable after the end of the fiscal vear of the Crown. prepare a report summarizing its affairs and transactions with respect to the administration of Alberta Heritage Scholarships and forward it to the Minister.

(2) When the report is received, the Minister shall lay a copy before the Legislative Assembly if it is then sitting, and if it is not then sitting. within 15 days of the commencement of the next ensuing sitting. 6 The Provincial Treasurer shall, at the request of the Board made on reasonable notice, pay from the Fund money that is required by the Board for providing scholarships pursuant to the Act and the regulations. 7( 1) No money shall be paid out of the Fund if the payment would result in the value of the assets of the Fund being less than the amounts paid into it pursuant to

section 2(2).

(2) For the purposes of subsection (1 ), the assets of the Fund shall be valued at cost.

(3) Notwithstanding subsection (1), during the 1 st fiscal year of the operation of the Fund, money may be paid out of the value of the a""cts of the Fund paid into it pursuant to

section 2(2). 8 The Lieutenant Governor in Council may make regulations (

a) prescribing classes of scholarships, awards of distinction, prizes and incentives for the purposes of

section 3(2); (

b) subject to

section 7. fixing the maximum amount of money that may annually be paid in each of the classes of scholarships, awards of distinction, prizes and incentive3; (

c) fixing ~he maximum amount of money that may be paid a, a ,scholarshIp, award of distinction, prize or incentive in a cia" ot scholarship. award of distinction, prize or incentive; (

d) respecting the powers and duties of the Board with respect ~G the .granting of scholarships. awards of distinction, prizes and Incentives; (

e) prescribing qualifications of and residence requirements for ~pplIc~nts for scholarships. awards of distinction, prizes and Incentives: (

f) pre .... c~ib~n~ terms and conditions on which scholarship". awards ot distInction. prizes and incentives may be provided. 3

In accordance with

section 4(1) of The

Interpretation Act, 1980, this Bill comes into force on the date it re ceives Royal Assent. 4 Title: 1981 (19th, 3rd) Bill 23, The Alberta Heritage Scholarship Act

Document details

Collection	Alberta — Bills
Citation	L19 S3 3895
Type	bill
Volume / chapter	L19 S3 3895
Language	en
Format	json
Source	PROVINCIAL
Identifier	293d182369a41725fb52cf31e9616f7dcf7f4ab1

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