Bill 17 (Legislature 14, Session 4)

L14 S4 1849

Alberta — Bills

No. 17 4th Session, 14th Legislature, Alberta 10 Elizabeth II BILL 17 A Bill to amend The I Alberta Hail Insurance Act HON. MR. HINMAN PMntt'd by L. S. ·WALL. PMnter to the Queen's Most Excelll'nt Maje8ty, Edmonton, Albt.'rtll, 1962

Explanatory Note I. This amendment to The Alberta Hail Insurance Act will make The Alberta Hail Insurance Board subject to the tax imposed by The Insurance Corporations Tax Act. The tax is 2% of the gross premiums receivable during the taxation year.

BILL No. 17 of 1962

An Act to amend The Alberta Hail Insurance Act (Assented to , 1962) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1. The Alberta Hail Insurance Act, being

chapter 137 of the Revised Statutes, is amended by adding the following new

section after

section 30: 31.

(1) The Insurance Corporations Tax Act applies to the Board and the expression "insurance company" in that Act shall, for all the purposes of that Act, be deemed to include the Board.

(2) This

section applies to every taxation year, as de fined in The Insurance Corporations Tax Act, commenc ing with the 1962 taxation year. 2. This Act comes into force on the day upon which it is assented to.

No. 17 FOURTH SESSION FOURTEENTH (;EGISLA TURE 10 ELIZABETH II 1962 BILL

An Act to amend The Alberta Hail Insurance Act Received and read the First time .... Second time .................................... . Third time HON. MR. HINMAN Title: 1962 (14th, 4th) Bill 17,

An Act to amend The Alberta Hail Insurance Act

Document details

Collection	Alberta — Bills
Citation	L14 S4 1849
Type	bill
Volume / chapter	L14 S4 1849
Language	en
Format	json
Source	PROVINCIAL
Identifier	649e38a3571d4e4ff7802b2675383a1f0dd92716

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