Bill 9 (Legislature 17, Session 3)

L17 S3 5275

Alberta — Bills

1974 Bill Third Session, 17th Legislature, 23 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL The Alberta Municipal Financing Corporation Amendment Act, 1974 THE PROVINCIAL TREASURER First Reading .............................. . Second Reading ............................ . Third Reading ............................. . Printed by L. S. WALL, Queen's Printer for the Province of Alberta, EDMONTON Bill BILL THE ALBERTA MUNI'CIPAL FINANCING C'ORPORATION AMENDMENT ACT, 1974 (Assented to , 1974) HER MAJESTY, by and with the advice and consent of the Leg.is:l,ative Assembly of Alberta, ena,cts as foHows: 1. The Alberta Municipal Financing Corporation Act is hereby amended.

Section 31, subsection (1) is a'mended by striking out the figure "$1,300,000,000" and by substituting the figure "$1,400,000,000" . 3. This Act comes into force om the day upon which it is assented to. Expla natory Notes I. This Bill will amend

chapter of the Revised Statutes of Alberta 1970. 2. Section 31 (1) presently reads: 31.

(1) Notwithstanding anything in sections 24, 26 and 27, the cor porrutions shall not borrow amy money by the issue and sale .of no,tes, bonds, deibentures Dr by way of temporary loan where the borrowing would cause the aggregate principal amount of (

a) the outstanding notes, bonds, debentures and other securilties issued by the CDrporation, and (

b) the outstanding temporary loans rais'ed by the corporation, to exceed the aggregate sum of $1,300,000,000. Title: 1974 (17th, 3rd) Bill 9, The Alberta Municipal Financing Corporation Amendment Act, 1974

Document details

Collection	Alberta — Bills
Citation	L17 S3 5275
Type	bill
Volume / chapter	L17 S3 5275
Language	en
Format	json
Source	PROVINCIAL
Identifier	63e3407714b9d27075d86a40236355588972689d

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