Bill 66 — A Bill To Amend the Treasury Branches Act (Legislature 13, Session 5)

L13 S5 6086

Alberta — Bills

No. 66 5th Session, 13th Legislature, Alberta 7 Elizabeth II, 1959 BILL 66 A Bill to amend The Treasury Branches Act HON. MR. HINMAN Printed by L. S. WALL, Printer to the Queen's Most Excellent Majesty, Edmonton, Alberta, 1959

Explanatory Note I. This amendment gives express authority to treasury branches to rent safety deposit boxes and to accept valuables for safe keeping, practices which had been entered into as a matter of con venience and service to its clients.

BILL No. 66 of 1959

An Act to amend The Treasury Branches Act (Assented to , 1959) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1. The Treasu1'Y Branches Act, being

chapter 344 of the Revised Statutes, is amended by adding immediately after

section 7, the following: 7a.

(1) The Minister may authorize any person or per sons on his behalf to enter into contracts or other arrange ment with anyone (

a) for the rental of safety deposit boxes at treasury branches, and (

b) for the safe-keeping of valuables by treasury branches otherwise than by the rental of safety deposit boxes.

(2) In any such contract or arrangement, neither the Minister nor any of the officials of a treasury branch shall be deemed to assume any duty for the safe-keeping of the contents of a safety deposit box or of any valuables left for safe-keeping with a treasury branch beyond the duty to exercise ordinary diligence to prevent the loss or theft of or damage to all or any of the contents or valuables placed in the safety deposit box or left with a treasury branch for safe-keeping pursuant to such contract or other arrange ment.

(3) No personal liability attaches under this

section to any official or employee of a treasury branch who has en tered into a contract or arrangement on behalf of the Minister pursuant to this section.

(4) This

section applies to existing contracts or arrange ments heretofore made, in respect of the matters provided for by subsection (1), by any official of a treasury branch. 2. This Act comes into force on the day upon which it is assented to.

No. 66 FIFTH SESSION THIRTEENTH LEGISLATURE 7 ELIZABETH II 1959 BILL

An Act to amend The Treasury Branches Act Received and read the First time ....... . Second time ....................................... . Third time ........ . HON. MR. HINMAN Title: 1959 (13th, 5th) Bill 66,

An Act to amend The Treasury Branches Act

Document details

Collection	Alberta — Bills
Citation	L13 S5 6086
Type	bill
Volume / chapter	L13 S5 6086
Language	en
Format	json
Source	PROVINCIAL
Identifier	68a98e0886a17c16265b12474f2c89f55076d9db

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