1971 Bill Fourth Session, 16th Legislature, 20 Elizab'etlt"l THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL

An Act to amend The Rural Ele,ctrification Revolvin~ Fund Act THE MINISTER OF INDUSTRY AND TOURISM First Reading .............................. . Second Reading ............................ . Third Reading BILL

AN ACT TO AMEND THE RURAL ELE'CTRIFI'CATION REVO,LVING FUND ACT (Assented to , 1971) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: 1. The Rural Electrification Revolving Fund is hereby amended. 2.

Section is st'i'uck out and the following

section is substituted: 19.

(1) Notwithstanding the date of its execution or fil­ ing, a lien filed under this Act may be enforced in the same manner as a mechanics' lien filed under The Mechanics' Lien Act, 1960 could have been enforced and the provisions of that Act apply with all necessary modifications to a lien under this Act.

(2) A lien filed under this Act is not merged, waived, slatisfied, prejudiced or des.troyed by the pursuit of any proceedings for the recovery of personal judgment unless and until payment in full is received. 3. This Act comes into force on the day upon which it is assented to. Explanatory Notes I. This Bill will amend

chapter of the Revised Statutes of Alberta 1970. 2. Enforcement of payments. Title: 1971 (16th, 4th) Bill 81,

An Act to amend The Rural Electrification Revolving Fund Act