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Chapter 25 (not in force provisions only current as of June 1, 2021) RED TAPE REDUCTION IMPLEMENTATION ACT, 2020

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1 RED TAPE REDUCTION IMPLEMENTATION ACT, 2020

Chapter 25 HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: Companies Act Amends RSA 2000 cC-21 2(1) The Companies Act is amended by this section.

(2) Section 1 is amended (a.1) by adding the following before clause (a.01): (a.001) “agent for service” m eans an agent for service appointed by a company under

section 29.1; Energy Efficiency Alberta Act Dissolution of Energy Efficiency Alberta 5(1) Energy Efficiency Alberta is dissolved.

(2) On the coming into force of subsection (1), the following applies: (

a) the property, assets, rights, obligations, liabilities, po wers, duties and functions of Energy Efficiency Alberta become the property, assets, rights, obligations, liabilities, powers, duties and functions of the Crown in right of Alberta; (

b) an existing cause of action, claim or liability to prosecu tion of, by or against Energy Efficiency Alberta is unaffected by the coming into force of this

section and may be continued by or against the Crown in right of Alberta; (

c) a civil, criminal or admin istrative action or proceeding pending by or against Energy Efficiency Alberta may be continued by or against the Crown in right of Alberta;

Section 6

Chapter 25 2 RED TAPE REDUCTION IMPLEMENTATION ACT, 2020 (

d) a ruling, order or judgment in favour of or against Energy Efficiency Alberta may be enforced by or against the Crown in right of Alberta; (

e) an indemnity given by Energy Efficiency Alberta under the Energy Efficiency Alberta Act is assumed by the Crown in right of Alberta. (3) Subsection (2)(

a) does not give rise to a termination right, remedy or penalty under the provisions of a contract, agreement, grant, endowment, contribution, loan or loan guarantee to which Energy Efficiency Alberta is a party immediately before the coming into force of this section, and such contracts, agreements, grants, endowments, contributions, loans or loan guarantees continue to have full effect as contracts, agreements, grants, endowments, contributions, loans or loan guarantees of the Crown in right of Alberta. Transitional regulations 6(1) The Lieutenant Governor in Council may make regulations (

a) respecting the transition of any of the property, assets, rights, obligations, liabilities, powers, duties and functions of Energy Efficiency Alberta on its dissolution; (

b) to remedy any confusion, difficulty, inconsistency or impossibility resulting from the dissolution of Energy Efficiency Alberta.

(2) A regulation made under subsection (1) may be made retroactive to the extent set out in the regulation.

(3) A regulation made under subsection (1) is repealed on the earlier of (

a) the coming into force of a regulation that repeals the regulation made under subsection (1), or (

b) the expiry of 2 years after the regulation comes into force.

(4) The repeal of a regulation under subsection (3) does not affect anything done, incurred or acquired under the authority of the regulation before the repeal of the regulation. Coming into force 8 Sections 5 to 7 have effect on September 30, 2020.

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