Bill ID 5264 (Legislature 17, Session 2)

L17 S2 5264

Alberta — Bills

1973 Bill Pro Second Session, 17th Legislature, 21 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL Pr.11

An Act to amend The Alberta Wheat Pool Act, 1970 MR. DOAN First Reading .............................. . Second Reading ............................. . Third Reading ...... . Printed by QUEEN'S PRINTER for the Province of Alberta, EDMONTQN

Short title 1970, c. 17 Amends s.26 Commence ment Bill Pro Mr. Doan BILL Pr.11

AN ACT TO AMEND THE ALBERTA WHEAT P'O'OL ACT, 1970 (Assented to , 1973) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: 1. This Act may be cited as "The Alberta Wheat Pool Act, 1970 Amendment Act, 1973". 2. The Alberta Wheat Pool Act, 1970, being

chapter of the Statutes of Alberta, 1970 is hereby amended. 3.

Section is amended by adding the following after clause (e),' "Provided that any member who has received payment under this clause shall not be entitled to further payment or purchase of reserves excerpt a payment or purchase authorized under cl3!use (

b) or (

c) or this clause." 4. This Act comes into force on the day upon which it is assented to. Explanatory Notes

Section of The Alberta Wheat Pool Act, 1970 authorizes the purchase of reserves from member,s under various categories and circumstances. The purpose of the amendment is to restrict further payments once a reserve purchase has been made under the cat egory specified in

section 26, clause (e).

Section 26, clauses (b), (

c) and (

e) presently read: 26. vVhen authorized by resolution of the delegates the Pool may use the commercial and elevator reserves or any earnings in its hands to buy such reserves (

b) from the personal representatives ,of beneficiaries' of members who died on or before a date to' be fixed by delegate's resolution; (

c) from members owning reserves who have ceased to farm or hold any intere,s,t in land capable of producing grain lOr s'eed in the Province of Alberta or those parts of British Columbia and Sackatchewan served by the facilities of ALberta Pool Elevators Limited; (

c) from members or 00,rporate members who have been allotted and hO'ld such membership numbers as may be specified by delegate's resolution; Title: 1973 (17th, 2nd) Bill Pr11,

An Act to amend The Alberta Wheat Pool Act, 1970

Document details

Collection	Alberta — Bills
Citation	L17 S2 5264
Type	bill
Volume / chapter	L17 S2 5264
Language	en
Format	json
Source	PROVINCIAL
Identifier	45b25172773569d3ec081a4f0ca672c90b608fa4

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