Bill 36 — Second Session, 20Th Legislature, 33 Elizabeth Ii the Legislative Assembly of Alberta Bill 36 Mines and Minerals Amendment Act, 1984 (Legislature 20, Session 2)

L20 S2 3507

Alberta — Bills

1984 BILL Second Session, 20th Legislature, 33 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL MINES AND MINERALS AMENDMENT ACT, 1984 THE MINISTER OF ENERGY AND NATURAL RESOURCES First Reading Second Reading Committee of the Whole Third Reading Royal Assent BiU BILL MINES AND MINERALS AMENDMENT ACT, 1984 (Assented to , 1984) HER MAJESTY, by and vrith the advice and consent ofthe Legislative Assembly of Alberta, enacts as follows: 1 The Mines and Minerals Act is amended by this Act. 2 The following is added after

section 4: 4.1(1) All money required to be paid pursuant to regulations under this Act providing for exploratory drilling incentive or geo physical incentive grants or credits shall be paid from the General Revenue Fund.

(2) The aggregate of all money paid or applied as a credit pur suant to regulations under this Act providing for exploratory drilling incentive or geophysical incentive grants or credits shall be (

a) applied by the Provincial Treasurer to reduce non renewable resource revenue as defined in the Alberta Heritage Savings Trust Fund Act, and (

b) excluded from the total amounts used to determine the transfers required to be made to the Alberta Heritage Savings Trust Fund pursuant to

section ofthe Alberta Heritage Sav ings Trust Fund Act or any Special Act referred to in that

section and enacted before or after the commencement ofthis section, notwithstanding anything in those Acts. 3 This Act shaU be deemed to have come into force on AprU 1, 1984. Explanatory Notes This Bill will amend

chapter M-15 of the Revised Statutes of Alberta 1980. 2 Appropriation and application of incentive grants and credits. Explanatory Notes Title: 1984 (20th, 2nd) Bill 36, Mines and Minerals Amendment Act, 1984

Document details

Collection	Alberta — Bills
Citation	L20 S2 3507
Type	bill
Volume / chapter	L20 S2 3507
Language	en
Format	json
Source	PROVINCIAL
Identifier	a8595fc14b2bd3bde84ea1fb668eff23faacbd82

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