Bill 85 (Legislature 13, Session 5)

L13 S5 6105

Alberta — Bills

No. 85 7 Elizabeth II, 1959 5th Session, 13th Legislature, Alberta BILL 85 A Bill to amend The Feeder Associations Guarantee Act RON. MR. HALMRAST Printed by L. S. \V ALL, Printer to the Queen's Most Excellent Majesty, Edmonton} Alberta, 1959

Explanatory Note This Act provides for a guarantee of 25% of any loss that may be sustained on loans to feeder associations for the purpose of acquiring livestock. The proposed amendment will allow loans to be guaranteed up to a total of $200,{}{)O for each feeder association.

BILL No. 85 of 195D

An Act to amend The Feeder Associations Guarantee Act (Assented to , 1959) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1. The Feeder Associations Guarantee Act, being

chapter 112 of the Revised Statutes, is amended as to

section 3 by striking out subsection (5) and by substituting the follow ing:

(5) The total alTIOunt of borrowings under this Act by a feeder association shall not at anyone time exceed two hundred thousand dollars or such less.er unlOunt as the IVIinister n1ay prescribe for a particular association. 2. This Act con1es into force on the day upon which it is assented to.

No. 85 FIFT'H SESSION THIRTEENTH LEGISLATURE 7 ELIZABETH II 1959 BILL

An Act to amend The Feeder Associations Guarantee Act Received and read the First time ......................................... . Second time ............... . Third time ........................................ . HON. MR. HALMRAST Title: 1959 (13th, 5th) Bill 85,

An Act to amend The Feeder Associations Guarantee Act

Document details

Collection	Alberta — Bills
Citation	L13 S5 6105
Type	bill
Volume / chapter	L13 S5 6105
Language	en
Format	json
Source	PROVINCIAL
Identifier	9be6091285f0cba470d291d1532fbafc2ecbcc31

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