Bill 6 (Legislature 10, Session 2)

L10 S2 7521

Alberta — Bills

Bill No.6 of 1945 (2nd Session) A BILL TO AIV[END THE SAVINGS CERTIFICATES ACT NOTE. This Bill is to provide for a plan or proposal which will enable the Government of the Province of Alberta to make adjustments with the holders of Provincial Savings Certifi cates and those whose certificates have been redeemed, by applying the same formula in so far as is practicable for the payment of interest as that contained in the Debt Reorgani zation Programme relating to bonds, debentures and other securities of the Province. W. S. GRAY, Legislative Counsel. (This note does not form any part of the Bill, but is offered in expla1Wtion of its provisions.) BILL No.6 of 1945 (2nd Session)

An Act to amend The Savings Certificates Act. (Assented to , 1945.) HIS MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1. The Savings Certificates Act, being

chapter of the Revised Statutes of Alberta, 1942, is hereby amended as to

section by adding immediately after subsection (3) thereof the following new subsection: "( 4) The Lieutenant Governor in Council may, by order, make provision for the payment out of the General Revenue Fund of the Province to the holders of any savings certifi cates or to other persons whose certificates may have been redeemed, of arrears of interest up to the first day of June, A.D. 1945, in accordance with the terms and provisions of any plan or proposal for the settlement of arrears of interest which may be adopted." 2. This Act shall come into force on the day upon which it is assented to. . SECOND SESSION TENTH LEGISLATURE GEORGE VI BILL

An Act to am'end The Savings Certifka tes Act. Received and read the First time., ......................... . Second time ........ . Third time. HON. MR. MANNING. EDMONTON: A. Shnltka, King's Printer au Title: 1945 (10th, 2nd) Bill 6,

An Act to amend The Savings Certificates Act

Document details

Collection	Alberta — Bills
Citation	L10 S2 7521
Type	bill
Volume / chapter	L10 S2 7521
Language	en
Format	json
Source	PROVINCIAL
Identifier	73bdbf0ae115b4fb7b15a8461c88e7f2ad852df4

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