Bill 82 (Legislature 10, Session 5)

L10 S5 7329

Alberta — Bills

Bill No. 82 of 1948. A BILL TO AMEND THE SPECIAL AREAS ACT NOTE. This Bill amends The Special A rea,s Act. Paragraph (

d) of

section is amended to provide that all moneys received from public lands in a Special Area are to be deposited in a trust account known as the "Provincial Treasurer Special Areas Trust Account". A new paragraph (dd) is added to

section immedi ately after paragraph (

d) which provides that all taxes and money received from lands other than public lands in a Special Area are to be deposited in a trust account to be called the "Special Districts Trust Account". The money in this account may be expended for any purpose for which expenditures are authorized pursuant to the provisions of The Improvement Districts Act, 1947, or for such other purpose as the Board may direct. The Improvement Districts Act, 1947, applies to Special Areas as if they were improve ment districts and the expenditures authorized in that Act are to be made from the trust fund in which taxes are de posited. Subsection (1) of

section is struck out and a new sub

section substituted. This subsection enables the Minister to transfer money from the Provincial Treasurer Special Areas Trust Account to the Special Districts. Trust Account. The use of the two accounts will facilitate the keeping of certain records by the Department of Lands and Mines in respect of revenues and expenditures in Special Areas which it is desirable to maintain. w. S. GRAY, Legislative Counsel. (This note does not form any part of the Bill but is olfered in explanation of its provisions.) BILL No. 82 of 1948.

An Act to amend The Special Areas Act. (Assented to , 1948.) HIS MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1. The Special Areas Act, being

chapter of the Revised Statutes of Alberta, 1942, is hereby amended as· to

section 13,- (

a) by adding immediately after the words "public lands in a Special Area", where the same occur in para graph (

d) thereof, the words "and to deposit the same in a treasury branch or chartered bank or other similar institution in a trust account to be called the 'Provincial Treasurer S.pecial Areas Trust Account' ; (

b) by adding immediately after paragraph (

d) thereof the following new paragraph: "(dd) to receive the money, taxes and revenues pay able other than in respect of any lease or any interest in public lands in a Special Area and to deposit the same in a treasury branch or chartered bank or other similar institution in a trust account to be called the 'Special Dis tricts Trust Account', and to expend such money, taxes and revenues or any part thereof for any purpose for which expenditures are authorized pursuant to the provisions of The Improvement Districts Act, 1947, or for such other purpose as the Board may direct;". 2. The said Act is further amended as to

section by striking out subsection (1) thereof and by substituting therefor the following: "19.-

(1) The Minister may from time to time transfer money from any lease or any interest in public lan~s which has been deposited in the Provincial Treasurer SpeCIal Areas Trust Account to the 8.pecial Districts Trust Account.". 3. This Act shall come into force on the day upon which it is assented to. FIFTH SESSION TENTH LEGISLATURE GEORGE VI BILL

An Act to amend The Special Areas Act. Recei ved and read the First·· time Second time ................................... .. Third time ...................................... .. HON. MR. TANNER. EDMONTON: A. Shnltka. King's Printer Title: 1948 (10th, 5th) Bill 82,

An Act to amend The Special Areas Act

Document details

Collection	Alberta — Bills
Citation	L10 S5 7329
Type	bill
Volume / chapter	L10 S5 7329
Language	en
Format	json
Source	PROVINCIAL
Identifier	42f388fc83322a3cabd47adf4dab1f79a11fe75e

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