Bill 74 (Legislature 10, Session 3)

L10 S3 7507

Alberta — Bills

Bill No. 74 of A BILL TO AMEND THE TREASURY BRANCHES ACT. NOTE.

Section of the Bill repeals

section of The Treasury Branches Act and substitutes a new

section therefor. The purpose of this amendment is to enable depositors to deposit transferable savings certificates issued pursuant to The Savings Certificates Act in the Treasury Branches, and to enable depositors to transfer portions of the deposits in amounts of not less than five dollars or a multiple thereof to other depositors. The Bill further provides that these deposits of transfer able savings certificates shall be kept in an account separate and apart from any other deposits received under the pro visions of The Savings Certificates Act. W. S.

GRAY, Legislative Counsel. (Th~s note does not form any part of the Bill but is offered in explanation of its provisions.) BILL No. 74 of 1946.

An Act to amend The Treasury Branches Act. (Assented to , 1946) HIS MAJEST'Y, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1. The Treasury Branches Act, being ,chapter of the Revised Statutes of Alberta, 1942, is hereby amended as to

section by striking out the same and by substituting therefor the following: "5.-

(1) The Minister may receive from depositors de posits of money, bank cheques, legal tender, currency, coin age, or orders upon treasury branches, subject to such terms and conditions as may be prescribed in the contra~t entered into between the Provincial Treasurer and the depositor pursuant to the provisions of this Act. "

(2) The Minister may receive from depositors deposits of transferable savings certificates issued pursuant to The Savings Certificates Act, and may issue receipts therefor and may receive from depositors assignments of the whole or any part of such deposits in amounts of not less than five dollars or a multiple thereof and in such form as may be approved by the Minister. "Provided that any deposits so received will be kept in an account separate and apart from any deposit received under the provisions of subsection (1) hereof." 2. This Act shall come into force on the day upon which it is assented to. THIRD SESSION TENTH LEGISLATURE GEORGE VI BILL

An Act to amend The T'reasury Branches Act. Received and read the First time ....................................... . Second time ................................. " Third time ......... , ............................. . HON. MR. MANNING. EDMONTON: A. Shnltka, King's Printer Title: 1946 (10th, 3rd) Bill 74,

An Act to amend The Treasury Branches Act

Document details

Collection	Alberta — Bills
Citation	L10 S3 7507
Type	bill
Volume / chapter	L10 S3 7507
Language	en
Format	json
Source	PROVINCIAL
Identifier	513993665c631527658ffe2ee5e2c4b402317785

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