Bill 8 (Legislature 18, Session 2)

L18 S2 5580

Alberta — Bills

1976 Bill Second Session, 18th Legislature, 25 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL THE ALBERTA MUNICIPAL FINANCING CORPORATION AMENDMENT ACT, 1916 THE PROVINCIAL TREASURER First Reading .............................. . Second Reading ............................ . Third Reading Printed by the Queen's Printer for the Province of Alberta, EDMONTON Bill BILL THE ALBERTA MUNICIPAL FINANCING CORPORATION AMENDMENT ACT, 1976 (Assented to , 1976) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: 1. The Alberta Municipal Financing Corporation Act is hereby am!3nded.

Section 31, subsection (1) is amended by striking out the figure "$1,700,000,000" and by substituting the, figure "$1,900,000,000." 3. This Act comes into force on the day upon which it is assente,d to. Printed by the Queen's Printer for the Province of Alberta, EDMONTON Explanatory Notes I. This Bill will amend

Chapter of the Revised Statutes of Alberta 1970.

Section 3 1 1 (1) presently reads: 31. C!,) Notwithstanding anything in sections 24, 26 and 27, the corporation shall not borrow any money by the issue and sale of notes, bonds, debentures or by way of temporary loan where the borrowing would cause the aggregate principal amount of (

a) the outstanding notes, bonds, debentures and other securities issued by the corporation, and (

b) the outstanding temporary loans raised by the corporation, to exceed the aggregate sum of $1,700,000,000. Title: 1976 (18th, 2nd) Bill 8, The Alberta Municipal Financing Corporation Amendment Act, 1976

Document details

Collection	Alberta — Bills
Citation	L18 S2 5580
Type	bill
Volume / chapter	L18 S2 5580
Language	en
Format	json
Source	PROVINCIAL
Identifier	2f157189659b701d6d195a077e865af57c4970a1

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