Bill 79 (Legislature 4, Session 4)

L4 S4 10118

Alberta — Bills

BILL No. 79 of 1921.

An Act to amend The Provincial Loans Act. (Assented to , 1921.) HIS MAJESTY, by and with the advice and c:onsent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1.

Section of The Provincial Loans Act, }Jeing

chapter of the Statutes of Alberta, 1910 (Second Session), is amended by adding as subsections and thereof the following: "

(7) Whenever it becomes desirable that any bonds, debentures, stock or other securities issued under the authority of the J.1egislative Assembly should be repaid, renewed or refunded, then the Lieutenant Governor in Council may authorize the Provincial Treasurer to raise by way of loan, upon the credit of the province, in such manner and form and at such time or times as may be deemed expedient, such sum or sums of money as may be necessary to repay, renew or refund the whole of such bonds, debentures, stock or other securities, or any part thereof and not withstanding that the issue of bonds, debentures, stock or other securities for the purpose of such repayment, renewal or refunding may have the · effect of increasing the amount of the public debt.

"

(8) Any sum or sums raised under the author ity of subsection of this

section shall be applied to repay, renew or refund the said bonds, deben tures, stock or other securities without any further or other appropriation than is provided by this Act." No. 79. FOURTH SESSION FOURTH LEGISJ1ATURE GEORGE V BILL

An Act to amend The Provincial Loans Act. Received and read the First time ................... . Second time ................. . Third time .................. . HoN. C. R. MITCHELL. EDMONTON: J. W. JEJTJCBr, Knm'a l'BINTJ:B. A.D. 1021 Title: 1921 (4th, 4th) Bill 79,

An Act to amend The Provincial Loans Act

Document details

Collection	Alberta — Bills
Citation	L4 S4 10118
Type	bill
Volume / chapter	L4 S4 10118
Language	en
Format	json
Source	PROVINCIAL
Identifier	6691ce260e1fd0c9231ab7fed5754d006d384466

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