1968 Bill First Session, 16th Legislature, 17 Elizabeth II THE LEGISLATIVE ASSEMBLy-e'F'ALBERTA BILL

An Act to repeal The Grazing Lease Taxation Act, 1960 arid The Grazing Lease Taxation Act THE MINISTER OF LANDS AND FORESTS First Reading ............................................................. . Second Reading ........................................................ . Third Reading ........................................................... . Printed by L. S. Wall, Queen's Printer, Edmonton BILL 65

An Act to repeal The Grazing Lease Taxation Act, 1960 and The Grazing Lease Taxation Act (Assented to , 1968) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1. The G1'azing Lease Taxation Act, 1960, being

chapter of the Statutes of Alberta, 1960, and The Grazing Lease Taxation Act, being

chapter of the Revised Statutes, are repealed. 2. The Municipal Taxation Act is amended as to

section 20, subsection (1) by striking out clause 18, 3. The School Grants Act is amended by striking out sec­ tion 7. 4.

(1) This Act, except

section 2, comes into force on January 1, 1970.

(2) Section comes into force on November 1, 1968. Explanatory Notes I. This Bill repeals the two above noted Acts, which provide for a Provincial tax on grazing lease land for (a) 1960 and sub­ sequent years, in the case of Statutes of Alberta 1960,

chapter 38, and (

b) pre-1960 years in the case of Revised Statutes of Alberta 1955,

chapter 134.

Section 20, subsection (1), clause of

chapter of the Sta­ tutes of Alberta, 19-67, presently reads: 20.

(1) The following property is exempt from assessment by a municipality namely: 18. land held under a grazing lease or permit from the Government of Alberta, and land leased by the Government upon terms that restrict the user thereof to grazing; This is consequential of the amendment in

section of this Bill and will give municipalities more than a year ,to carry out assess­ ment procedures for the purpose of levying tax in respect of 1970. , 3.

Section of

chapter of the Revised Statutes presently reads: 7. The Minister may, with the approval of the Lieutenant Governor in Council, direct from time to time that such sums as may be in the special account established pursuant to subsection (2) of

section of The Grazing Lease Taxation Act, be expended to assist in the provision of educational services when required in areas from which the moneys have been derived, or for any of the purposes authorized by

section 4. Title: 1968 (16th, 1st) Bill 65,

An Act to repeal The Grazing Lease Taxation Act, 1960 and The Grazing Lease Taxation Act