Bill 23 (Legislature 9, Session 2)

L9 S2 7759

Alberta — Bills

Bill No. 23 of 1942. A BILL TO AMEND THE LOCAL AUTHORITIES BORROWINGS GUARANTEE ACT, 1937. NOTE. This Bill amends The Local Authorities Borrowings Guarantee Act, 1937. This Act has been amended annually for the purpose of continuing its provisions from year to year. The amend ments contained in this Bill will make the Act permanent in form and will avoid the necessity of annual amendments to continue it in for,ce. W. S. GRAY, Acting Legislative Counsel. (This note does not form any part of the Bill but is offered in explanation of its provisions.) BILL No. 23 of 1942.

An Act to amend The Local Authorities Borrowings Guarantee Act, 1937. (Assented to , 1942.) 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 Local Authorities Bor rowings Guarantee Act, 1937, Amendment Act, 1942." 2. The Local Auth01'ities Borrowings Guamntee Act, 1937, being

chapter of the Statutes of Alberta, 1937, is hereby amended as to

section 2,- (

a) by striking out the words "The Lieutenant Gover nor in Council may from time to time during the fiscal year ending on the thirty-first day of March, 1942, authorize the Provincial Treasurer,-", and by substituting therefor the following words: "The Lieutenant Governor in Council may from time to time during any fiscal year ending on the thirty first day of March, authorize the Provincial Trea surer,-"; (

b) as to paragraph (

a) thereof, by striking out the words "any loan made by any chartered bank at any time between the thirty-first day of March, 1941, and the first day of April, 1942", and by substituting therefor the following: "any loan made by any chartered bank or other similar institution at any time during such fiscal year". 3. The said Act is further amended as to

section by adding immediately before the word "year", where the same occurs therein, the word "calendar". 4. The said Act is further amended as to

section by striking out the same and by substituting therefor the following: "4. Within fifteen days of the commencement of the first session of the Legislature held in any year, the Provincial Treasurer shall make a return to the Legislature setting out all guarantees given or loans made pursuant to this Act in the immediately preceding calendar year." 5. This Act shall come into force on the day upon which it is assented to. SECOND SESSION NINTH LEGISLATURE GEORGE VI BILL

An Act to amend The Local Authori ties Borrowings Guarantee Act, 1937. Received and read the First time Second time .. Third RON. MR. MAYNARD. EDMONTON: A. Shnltka, King's Printer Title: 1942 (9th, 2nd) Bill 23,

An Act to amend The Local Authorities Borrowings Guarantee Act, 1937

Document details

Collection	Alberta — Bills
Citation	L9 S2 7759
Type	bill
Volume / chapter	L9 S2 7759
Language	en
Format	json
Source	PROVINCIAL
Identifier	8facc76a827a58b4b6456aa26007ea0e64fc657f

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