Bill 5 (Legislature 8, Session 7)

L8 S7 7973

Alberta — Bills

BILL No.5 of 1938 (Secon:d Session).

An Act to Amend The Debt Adjustment Act, 1937. (Assented to ,1998.) HIS MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1. This Act may be cited as "The Debt Adjustment Act, 1997, Amendment Act, 1998 (Second Session)." 2. The Debt Adjustment Act, 1997, being

chapter of the Statutes of Alberta, 1937, is hereby amended by insert ing therein immediately after

section the following new section: "30a.-

(1) Every covenant, condition, stipulation or agreement howsoever made, and whether made before or after the coming into force of this Act which purports to de prive any person of any right or benefit conferred upon him by virtue of any of the provisions of this Act shall be, and shall be deemed always to have been, of no force or effect un less and until the same has been approved by the Board; and such approval shall not be given in any case where such covenant, condition, stipulation or agreement is contained in or relates to any mortgage or agreement for sale in respect of which the granting of a permit is prohibited by

section hereof."

(2) This

section shall apply to all actions and proceedings whatsoever whether commenced on or before the date of the coming into force of this

section or at any time thereafter. 3. This Act shall come into force on the day upon which it is assented to. SEVENTH SESSION EIGHTH LEGISLATURE GEORGE VI 1938 (SECOND SESSION) BILL

An Act to Amend The Debt Adjust ment Act, 1937. Received and read the First time ...................................... .. Second time ..................................... . Third time ....................................... . HON. MR. MAYNARD. EDMONTON: A. Shnitka, King's Printer Title: 1938 (8th, 7th) Bill 5,

An Act to Amend The Debt Adjustment Act, 1937

Document details

Collection	Alberta — Bills
Citation	L8 S7 7973
Type	bill
Volume / chapter	L8 S7 7973
Language	en
Format	json
Source	PROVINCIAL
Identifier	80ef07af06fc3f169d0a465d89dacc72e20199c2

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