Bill 220 — First Session, 22Nd Legislature, 38 Elizabedi Ii the Legislative Assembly of Alberta Bill 220 Instructional Materials Production Act (Legislature 22, Session 1)

L22 S1 2869

Alberta — Bills

1989 BILL 220 First Session, 22nd Legislature, 38 Elizabedi II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL 220 INSTRUCTIONAL MATERIALS PRODUCTION ACT MR. JONSON First Reading |.j*s^*..^.Q?^.w^i^. Second Reading Committee of die Whole Third Reading Royal Assent

Bill 220 Mr.

Jonson BILL 220 1989 INSTRUCTIONAL MATERIALS PRODUCTION ACT (Assented to , 1989) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as foUows: 1 In this Act, (a) "Board" means the Board of Directors of the Corporation; (b) "Corporation" means the Instructional Materials Devel opment Corporation; (c) "Fund" means the Insti*uctional Materials Development Fund; (d) "inskuctional materials" includes any printed material, computer software, film, tape or other medium to be used for education or insti-uction; (e) "Minister" means the member of the Executive Council charged by the Lieutenant Govemor in Council widi thc administration of this Act.

Instructional Materials Development Corporation 2(1) There is hereby established a corporation widi the name "Instructional Materials Development Corporation" which shall consist of the members of the Board.

Object By-laws Meetings and committees

(2) The affaks of the Corporation shaU be conducted by a Board of Directors consisting of not less than 5 nor more than 7 members appointed by the Lieutenant Govemor in CouncU.

(3) The Lieutenant Govemor in Council shall designate a member of the Board as chakman.

(4) The Corporation shall pay to the members of die Board who are not officers or employees of the Crown nor officers or employees of any agency of the Crown remuneration for their services at the rates prescribed by the Lieutenant Govemor in Council.

(5) The Corporation shaU pay to the members of the Board such remuneration and reimbursement of travelling and living expenses whUe absent from their ordinary places of residence in die course of thek duties as members of the Board as is authorized by order the Lieutenant Govemor in CouncU.

(6) Payments under subsections (4) and (5) are contingent upon money being appropriated to the purpose by the Legislature. 3 The object of die Corporation is to promote the development of an instructional materials industry in Alberta. 4(1) The Board may make by-laws, subject to the approval of the Lieutenant Governor in CouncU, respecting the business and affairs of die Corporation.

(2) The Regulations Act does not apply to by-laws made under diis section.

(3) A copy of all by-laws made under this

section shaU be fUed widi die Registi"ar of Companies and die by-laws are not effective until a copy has been so filed. 5(1) When the chakman is absent from a meeting of the Board, the members present may elect one of dieir number to preside at the meeting.

(2) The Board may, in writing, authorize a committee of one or more of its members to do anything required or permitted to be done by the Board under this or any odier Act.

Staff Instructional Materials Developnxnt Fund

(3) An authorization under subsection (2) may be (

a) general or applicable to a particular case, and (

b) conditional or unconditional. 6 The Corporation may enter engage the services of any person it considers necessary and may prescribe the conditions of employment. 7(1) There is hereby established a Fund to be known as the Instiuctional Materials Development Fund.

(2) The Fund shall be held by the Provincial Treasurer, who shaU maintain a separate accountmg record of the Fund.

(3) The Fund shall contain any sum appropriated to it by the Legislature, or given or bequeathed to it.

(4) The amount of the Fund at any time shaU not exceed $5 000 000. Budget Statements and infonnation Loans and guarantees 8 On the request of the Minister the Corporation shaU submit to the Minister a budget for the next following fiscal year showing an estimate of its operating expenses other than those that are required to be paid out of the Fund. 9 The Corporation shall provide the Minister widi financial statements or odier information requked to do so by the Minister. 10(1) The Corporation may make loans and guarantees if it is authorized to do so by the regulations.

(2) The Corporation shall not make (

a) a guarantee that wUl, at the time the guarantee is made, cause the cumulative total of money that the Corporation is liable or contingentiy liable to pay under guarantees to exceed the assets of die Fund other dian outstanding advances to the Corporation, or

(

b) a loan diat is greater than the assets then in the Fund, odier than outstanding advances to die Corporation, less the cumulative total referred to in clause (a).

(3) The Lieutenant Govemor may make regulations (

a) authorizing the Corporation to make loans or guarantees of up to 60% of the total funds requked for die production of instructional materials; (

b) authorizing die Corporation to acquire shares in a company producing or planning to produce instiructional materials; (

c) defining, for the purposes of this section, the production of instructional materials; (

d) goveming eligibUky for the loans or guarantees; (

e) prescribing the procedure for the submission of applica tions for the loans or guarantees; (

f) prescribing the form and content of applications for the loans or guarantees; (

g) prescribing adminisQ-ation or other fees payable to the Corporation in respect of the loans or guarantees; (

h) prescribing the terms and conditions upon which the loans or guarantees are to be given; (

i) goveming the security to be given to the Corporation or to a lender by applications in consideration of the loans or guarantees; (

j) authorizing the Corporation to enter into an agreement widi respect to any matter relating to die loans or guarantees; (

k) prescribing the maximum amount of any loan or guarantee that may be made under subsection (1).

11(1) Subject to the provisions of this Act, the Corporation may do aU or any of die foUowing: (

a) draw, make, accept, endorse, execute and issue promis sory notes, bills of exchange or other negotiable or transferable insti-uments for die purposes of this Act; (

b) take, hold, realize on or otherwise dispose of any securities held with respect to loans or guarantees, whether the securities are real or personal property; (

c) estabUsh offices and agencies in Alberta as it considers expedient; (

d) act as a tirustee of money or other property acquired by the Corporation in tmst for any purpose; (

e) invest and deal widi any of its money that is not immedi ately requked for expenditure; (

f) do any acts incidental or conducive to carrying out its powers and duties under this or any other Act.

(2) The acceptance by die Corporation of any gift, bequest or devise of real or personal property is subject to any conditions prescribed by die person making the gift or by the will or other instrument under which it is acquired.

(3) Notwithstanding

section 16 of the

Interpretation Act, the Corporation shall not acquire or dispose of real property unless the acquisition or disposal is first approved by the Lieutenant Govemor in Council. j^te^uis 12(1) The Corporation, subject to the approval of the Minister, Adviscy jfj^y establish an Instructional Materials Advisory Commitiee to Lonuiuttee •' ^ review and advise the Corporation on applications for loans or guarantees under this Act.

(2) The Corporation may, widi respect to the Inskuctional Materials Advisory Committee, (

a) appoint or provide for the appointinent of not more than 5 members, and prescribe their terms of office.

Auditor and fiscal year (

b) designate a chakman and other officers of the committee, (

c) authorize, fix and provide for the payment of remunera tion and expenses to its members, and (

d) make rules of procedure goveming the calling of meetings of the Committee and the conduct of its business and affaks. 13(1) The Auditor General is the auditor of the Corporation.

(2) The fiscal year of the Corporation is the period commencing on AprU 1 in one year and ending on March 31 next following. Annual report 14(1) The Corporation shall, as soon as practicable after the end of each fiscal year, prepare and submit to the Minister a report summarizing its transactions and affaks during the fiscal year just ended and containing its audited financial statement as requked by

section 77(2)(

a) of the Financial Administration Act.

(2) When the report prepared under subsection (1) is received, the Minister shall lay a copy of it before the Legislative Assembly if it is then sitting and, if it is not then sitting, within 15 days after the commencement of the next ensuing sitting. 15 On the expiry of this Act, (

a) the assets and UabiUties of the Corporation become the assets and liabilities of the Govemment, (

b) the Fund becomes part of the General Revenue Fund, and (

c) the Provincial Treasurer shall pay from the General Revenue Fund aU liabilities of the Corporation. Coming into force 16 This Act comes into force on Proclamation and expkes on March 31,1995. Title: 1989 (22nd, 1st) Bill 220, Instructional Materials Production Act

Document details

Collection	Alberta — Bills
Citation	L22 S1 2869
Type	bill
Volume / chapter	L22 S1 2869
Language	en
Format	json
Source	PROVINCIAL
Identifier	6cd48c2ed528a4937cc0a8ff24a1206e1ecb8a45

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