Bill 230 — The Alberta Goverr ~Me"'T Intervention In Private Enterprise Reform Act (Legislature 17, Session 4)

L17 S4 5448

Alberta — Bills

1975 ;Sill Fourth Session, 17th LejiltaiuxQj· 24 Elizabeth II. THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL THE ALBERTA GOVERr ~ME"'T INTERVENTION IN PRIVATE ENTERPRISE REFORM ACT MR. WILSON First Reading Second Reading ............................ . Third Reading ............................. . Bill Mr. Wilson BILL THE ALBERTA GOVERNMENT INTERVENTION IN PRIVATE ENTERPRISE REFORM ACT (Assented to ,1975) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: 1..

No public money may be expended by the Treasury for the purchase of a controlling interest in a corporation incorporated or registered in the Province under The CO'ln panies Act unless such expenditure has been specifically authorized by the ugislative Asse:.nbly. 2.

(1) The Financial Administration Act is hereby amended.

(2) Section is amended by adding the following afte1' subsection (2):

(3) No special warrant shall be issued under the pro visions of subsection (1) for the purpose of providing funds for the acquisition of a controlling interest in a cor poration incorporated or registered in the Province under The Companies Act. 3. This Act comes into force on the day upon which it is assented to. Title: 1975 (17th, 4th) Bill 230, The Alberta Government Intervention in Private Enterprise Reform Act

Document details

Collection	Alberta — Bills
Citation	L17 S4 5448
Type	bill
Volume / chapter	L17 S4 5448
Language	en
Format	json
Source	PROVINCIAL
Identifier	5f70552a3d7556f18a95f917ca388d3e16134862

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