Bill 59 — First Session, 19Th Legislature, 28 Elizabeth Ii the Legislative Assembly of Alberta Bill 59 the Petroleum Marketing Amendment Act, 1979 (Legislature 19, Session 1)

L19 S1 4242

Alberta — Bills

1979 BILL First Session, 19th Legislature, 28 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL THE PETROLEUM MARKETING AMENDMENT ACT, 1979 THE MINISTER OF ENERGY AND NATURAL RESOURCES First Reading Second Reading Committee of the Whole Third Reading Royal Assent Printed by the Queen ’s Printer for the Province of Alberta, EDMONTON Title: 1979 (19th, 1st) Bill 59, The Petroleum Marketing Amendment Act, 1979 Bill BILL THE PETROLEUM MARKETING AMENDMENT ACT, 1979 (Assented to , 1979) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: 1 The Petroleum Marketing Act is amended by this Act. 2

Section is amended (

a) in subsection (1)(

c) by striking out “without any deduc tions whatever” and substituting “less the costs and charges incurred by the Commission for the movement of that petroleum to the point of sale”, and (

b) in subsection (2) by striking out “sale by” and substituting “delivery to”. 3

Section is amended (

a) in subsection (1)(

c) by striking out “without any deduc tions whatever” and substituting “less the costs and charges incurred by the Commission for the movement of that pentanes plus to the point of sale”, and (

b) in subsection (2) by striking out “sale by” and substituting “delivery to”. 4 This Act comes into force on a date or dates to be fixed by Proclamation. 1 Explanatory Notes This Bill will amend

chapter of the Statutes of Alberta, 1973. 2

Section presently reads in part: 21(1) The Commission (

c) shall, upon the sale of any of the lessee’s share of petroleum pay to the owners thereof the proceeds of the sale, without any deductions whatever;

(2) The lessee’s share of petroleum shall not, prior to its sa le by the Commission, be exchanged for any other petroleum. 3

Section presently reads in part: 32(1) The Commission (

c) shall, upon the sale of any of the lessee’s share of pentanes plus, pay to the owners thereof the proceeds of the sale, without any deductions whatever;

(2) The lessee’s share of pentanes plus shall not, prior to its sale by the Commission, be exchanged for any other pentanes plus. 1 Title: 1979 (19th, 1st) Bill 59, The Petroleum Marketing Amendment Act, 1979

Document details

Collection	Alberta — Bills
Citation	L19 S1 4242
Type	bill
Volume / chapter	L19 S1 4242
Language	en
Format	json
Source	PROVINCIAL
Identifier	4919ccc3b913777dae1bfd806cc85ef9ae75516b

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