Bill 8 (Legislature 7, Session 5)

L7 S5 8496

Alberta — Bills

BILL No.8 of

An Act for Raising Money on the Credit of the General Revenue Fund of Alberta. (Assented to , 1935.) HIS MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1. This Act may be cited as "The Loan Act, 1935." 2.

The Lieutenant Governor in Council is hereby author ized to raise by way of loan a sum not exceeding Four Million, Seven Hundred and Twenty Thousand Dollars, for any or all of the purposes following, that is to say: (cd For the Public Service; for the covering of any debt of the Province on open account; for paying any floating indebtedness of the Province; for the carry ing on of public works authorized by the Legislature; for the satisfaction or discharge of any obligations of the Province; and for such other purposes as may be authorized by the Legislature, Four Million, Three Hundred Thousand Dollars. (

b) For the Provincial Telephones; the extension of the system; for the covering of any debt on open account; for paying any floating indebtedness and for the satisfaction or discharge of any obligation of the Provincial Telephones, Four Hundred and Twenty Thousand Dollars. 3. The aforesaid sum of money may be borrowed for any term or terms not exceeding fifty years, at such rate of in terest as the Lieutenant Governor in Council may determine, and shall be raised upon the credit of the General Revenue Fund of the Province of Alberta and shall be chargeable thereon. 4. This Act shall come into force on the day upon which it is assented to. FIFTH SESSION SEVENTH LEGISLATURE GEORGE V BILL

An Act for Raising Money on the Credit of the General Revenue Fund of Alberta. Received and read the First time ................... . Second time.. .. .. ... ..... . Third time ............. . HON. MR. LOVE EDMONTON: w. D. McLEAN, KINO'S PRINTER Title:1935 (7th, 5th) Bill 8,

An Act for Raising Money on the Credit of the General Revenue Fund of Alberta

Document details

Collection	Alberta — Bills
Citation	L7 S5 8496
Type	bill
Volume / chapter	L7 S5 8496
Language	en
Format	json
Source	PROVINCIAL
Identifier	2d032460703fb90c5c5f04e4426886ec127fd347

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