Bill ID 952 (Legislature 24, Session 3)

L24 S3 952

Alberta — Bills

1999 BILL Pr2 Third Session, 24th Legislature, 48 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL Pr2 SHAW COMMUNICATIONS INC. AMENDMENT ACT, 1999 MR. ZWOZDESKY First Reading Second Reading Committee of the Whole Third Reading Royal Assent

Bill Pr2 Mr. Zwozdesky BILL Pr2 1999 SHAW COMMUNICATIONS INC. AMENDMENT ACT, 1999 (Assented to , 1999) P ream ble

WHEREAS the nominal or par value characteristic of Shaw Communications Inc.’s Class B Non-Voting Participating Shares is confirmed by the Shaw Communications Inc. Act, being

chapter 54 of the Statutes of Alberta, 1994; and

WHEREAS a petition has been presented for the enactment of an amendment to the Shaw Communications Inc. Act as hereinafter set forth, and it is expedient to grant the prayer of the petition; THEREFORE HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: A m ends S A 1994 c54 1 The S haw C om m unications Inc. A ct is amended by this Act. 2

Section 1(

c) is repealed and the following is substituted: (c) “Par Value Shares” means the Corporation’s Class B Non-Voting Participating Shares having a nominal or par value and any class in the share capital of the Corporation or any successors to the Corporation which the Corporation’s Class B Non-Voting Participating Shares are converted or become convertible into or for which they are exchanged or become exchangeable for, whether by operation of law, contract or otherwise and includes subsequent classes of shares, whether in the share capital of the Corporation or any successors to the 1

Explanatory Notes 1 Amends

chapter 54 of the Statutes of Alberta, 1994. 2 New definition.

Section 1(

c) presently reads: 1 In this Act, (c) “Par Value Shares” means the Corporation’s Class B Non-Voting Participating Shares having a nominal or par value. 1 Explanatory Notes

Corporation, into which the converted or exchanged shares are also converted or convertible into or for which they are exchanged or become exchangeable for, unless the rights, privileges, restrictions and conditions of such class of shares state that such shares are without nominal or par value. 2

2 Explanatory Notes Title: 1999 (24th, 3rd) Bill Pr2, Shaw Communications Inc. Amendment Act, 1999

Document details

Collection	Alberta — Bills
Citation	L24 S3 952
Type	bill
Volume / chapter	L24 S3 952
Language	en
Format	json
Source	PROVINCIAL
Identifier	391d6746d90088c46eac57908919788bc61a80f2

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