Bill 242 — Third Session, 19Th Legislature, 30 Elizabeth Ii the Legislative Assembly of Alberta Bill 242 An Act To Amend the Agricultural Development Act (Legislature 19, Session 3)

L19 S3 4007

Alberta — Bills

1981 BILL Third Session, 19th Legislature, 30 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL

AN ACT TO AMEND THE AGRICULTURAL DEVELOPMENT ACT MR. NOTLEY First Reading Second Reading Committee of the Whole Third Reading Royal Assent Title: 1981 (19th, 3rd) Bill 242,

An Act to Amend the Agricultural Development Act Bill Mr. Notley BILL

AN ACT TO AMEND THE AGRICULTURAL DEVELOPMENT ACT (Assented to , 1981) HER MAJESTY, by and with the advice and consent of the Legislative Assembly or Alberta, enacts as follows: 1 The Agricultural Development Act is amended by this Act. 2

Section is amended by adding the following after clause (a): “(a.1) “applicant” means a producer of agricultural products, owner of an associated business or an agricultural industry that makes an application for a loan or guarantee under this Act.” 3

Section is amended by renumbering it as subsection (1) and adding the following after the renumbered subsection (1): “

(2) No applicant shall be required, as a condition of obtaining a loan or guarantee, to satisfy the Corporation that adequate financial assistance is not obtainable from any other source on reasonable terms and conditions.” 4 This Act comes into force on the day upon which it is assented to. 1 Explanatory Notes This Bill will amend

chapter of the Statutes of Alberta, 1972. 2 Provides a new definition. 3 Provides that the Corporation may not demand evidence that conventional funding is not available. 4 Coming into force. 1 Title: 1981 (19th, 3rd) Bill 242,

An Act to Amend the Agricultural Development Act

Document details

Collection	Alberta — Bills
Citation	L19 S3 4007
Type	bill
Volume / chapter	L19 S3 4007
Language	en
Format	json
Source	PROVINCIAL
Identifier	3cc8dbb75dba7218317ceea4e9866fa243588b70

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