Bill 11 — Ie the Legislative Assembly of Alberta Bill 11 An Act To Amend the Alberta Municipal Financing Corporation Act the Provincial Treasurer (Legislature 16, Session 1)

L16 S1 4462

Alberta — Bills

1968 Bill IE THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL

An Act to amend The Alberta Municipal Financing Corporation Act THE PROVINCIAL TREASURER First Reading ............................................................. . Second Reading ........................................................ . Third Reading ........................................................... . Printed by L. S. Wall, Queen's Printer, Edmonton BILL

An Act to amend The Alberta Municipal Financing Corporation Act (Assented tOI , 1968) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1. The Alberta Municipal Financing Corporation Act is amended as to subsection (1) of

section by striking out the figures "$650,000,000" and by substituting the figures "$800,000,000" . 2. This Act comes into force on the day upon which it is assented to. Explanatory Notes I. This Bill will amend

chapter of the Statutes of Alberta,

Section 31, subsection (1) presently reads: 31.

(1) Notwithstanding the powers set forth in sections and the corporation shall not borrow any money by the issue and sale of notes, bonds, debentures or other securities or by way of temporary loan where the borrowing would cause the aggregate principal amount of the outstanding notes, bonds, debentures and other securities issued. by the corporation, together with the outstanding temporary loans raised by the corporation to exceed the aggregate sum of $650,000,000. Title: 1968 (16th, 1st) Bill 11,

An Act to amend The Alberta Municipal Financing Corporation Act

Document details

Collection	Alberta — Bills
Citation	L16 S1 4462
Type	bill
Volume / chapter	L16 S1 4462
Language	en
Format	json
Source	PROVINCIAL
Identifier	46ba7eb36f30448a86186bdf740b3cbf145095a2

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