Bill 236 — First Session, 20Th Legislature, 32 Elizabeth Ii the Legislative Assembly of Alberta Bill 236 An Act To Amend the Landlord and Tenant Act Mrs. Embury (Legislature 20, Session 1)

L20 S1 3763

Alberta — Bills

1983 BILL First Session, 20th Legislature, 32 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL

AN ACT TO AMEND THE LANDLORD AND TENANT ACT MRS. EMBURY First Reading i-mu- B • . »•. Second Reading Committee of the Whole Third Reading Royal Assent Bill Mrs. Embury BILL

AN ACT TO AMEND THE LANDLORD AND TENANT ACT (Assented to , 1983) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: 1 The Landlord and Tenant Act is amended by this Act. 2 Section 38(1) is repealed and the following is substituted: 38(1) Subject to subsection (2), a landlord shall pay annually to the tenant interest on a security deposit consisting of money held by him or anyone on his behalf calculated at the rate pre scribed by the Minister by order.

(1.1) An order made by the Minister pursuant to subsection (1) shall be published (

a) in The Alberta Gazette, (

b) on occasions in every daily newspaper published in the Province, and (

c) in such further manner as the Minister deems necessary. 3 This Act comes into force on a date to be fixed by Proclamation. Explanatory Notes This Bill will amend

chapter L-6 of the Revised Statutes of Alberta 1980. 2 Provides for the interest rate on security deposits to be fixed by the Minister. Section 38(1) presently reads: 38(1) Subject to subsection (2), a landlord shall pay annually to the tenant interest on a security deposit consisting of money held by him or anyone on his behalf calculated (

a) at the rate of 6% per year, and (

b) on and after January 1, 1982 at the rate of 12% per year. 3 Coming into force. Title: 1983 (20th, 1st) Bill 236,

An Act to Amend the Landlord and Tenant Act

Document details

Collection	Alberta — Bills
Citation	L20 S1 3763
Type	bill
Volume / chapter	L20 S1 3763
Language	en
Format	json
Source	PROVINCIAL
Identifier	5246a8a160de634757e91dd11236150daa5fc46c

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