Bill 28 (Legislature 16, Session 4)

L16 S4 4867

Alberta — Bills

1971 Bill Fourth Session, 16th Legislature, 20 ~lizabet)M It I rlM' • ., •• " •• yr THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL

An Act to amend The Municipalities Assistance Act THE MINISTER OF MUNICIPAL AFFAIRS First Reading . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Second Reading Third Reading Printed by L. S. Wall, Queen's Printer, Edmonton BILL

AN ACT TO AMENiO THE MUNICIPALITIES ASSISTANCE ACT (Assented to , 1971) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: 1. The Municipalities Assistance Act is hereby amended. 2.

Section is amended by striking out subsection (2) and by substituting the following:

(2) Each year the Provincial Treasurer shall pay $38,- 000,000 out of the General Revenue Fund and into the Municipal Assistance Fund. 3. This Act comes into force on the day upon which it is assented to and upon so coming into force shall be deemed to have been in force at all times on and after April 1, 1971. Explanatory Notes I. This Bill will amend

chapter of the Revised Statutes of Alberta 1970. 2.

Section presently reads: 3.

(1) The Provincial Treasurer shall establish a fund to be known as the Municipal Assistance Fund.

(2) Each year the Provincial Treasurer shall payout of the General Revenue Fund and into the Municipal Assistance l!'und an amount equal to one-third of the royalties collected during the immediately preceding year on petroleum and natural gas under The Mines and Minerals Act. Title: 1971 (16th, 4th) Bill 28,

An Act to amend The Municipalities Assistance Act

Document details

Collection	Alberta — Bills
Citation	L16 S4 4867
Type	bill
Volume / chapter	L16 S4 4867
Language	en
Format	json
Source	PROVINCIAL
Identifier	989e79711ea4cd9fe548d8d8dbe0fffe30e003b0

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