Bill 63 — A Bill To Amend the Rural Telephones Revolving Fund Act (Legislature 15, Session 3)

L15 S3 1367

Alberta — Bills

No. 63 3rd Session, 15th Legislature, Alberta 14 Elizabeth II BILL 63 A Bill to amend The Rural Telephones Revolving Fund Act HON. MR. REIERSON Printed by L. S. WALL, Printer to the Queen's Most Excellent Majesty, Edmonton, Alberta, 1966

Explanatory Note I. This Bill amends

chapter 84 of the Statutes of Alberta, 1957.

Section 4 presently reads: 4. Loans may be made to companies from ,the fund in accordance with the requirements of this Act.

Section 9, subsection (1) presently reads: 9.

(1) Where the Minister is satisfied by such inquiries and investi gations as he may desire to make that (

a) the facilities of the company will comply with the transmission and construction standards recommended by the Alberta Gov ernment Telephone System for rural mutual telephone systems, and (

b) the subscription rates and charges fo.r telephone services are and will remain such as to permit the company to. establish and maintain an adequate depreciation reserve for the replace ment of obsolete facilities and to continue maintenance of its service to Alberta Government Telephones' standards, the Minister may recommend to the ProVincial Treasurer that a loan be made to the company. 4. Commencement of Act.

BILL No. 63 of 1966

An Act to amend The Rural Telephones Revolving Fund Act (Assented to , 1966) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1. The Rural Telephones Revolving Fund Act is hereby amended.

Section 4 is amended by adding after the word "com panies" the words "or The Alberta Government Telephones Commission" .

Section 9, subsection (1) is amended (

a) by striking out the word "and" at the end of clause (

a) and by adding the word "and" at the end of clause (b), (

b) by adding the following clause after clause (b) : (

c) the making of a loan is in the best interests of development of rural telephone facilities, (

c) by adding at the end of the subsection the words ".or to The Alberta Government Telephones CommIs sion". 4. This Act comes into force on the day upon which it is assented to.

No. 63 THIRD SESSION FIFTEENlH LEGISLA lURE 14 ELIZABETH II 1966 BILL

An Act to amend The Rural Telephones Revolving Fund Act. Received and read the First time Second time ..................................... . Third time ...................................... . HON. MR. REIERSON Title: 1966 (15th, 3rd) Bill 63,

An Act to amend The Rural Telephones Revolving Fund Act

Document details

Collection	Alberta — Bills
Citation	L15 S3 1367
Type	bill
Volume / chapter	L15 S3 1367
Language	en
Format	json
Source	PROVINCIAL
Identifier	85471bc67fbace98c05148fc617a37a02a96e555

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