1978 BILL Fourth Session, 18th Legislature, 27 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL4 THE ALBERTA MUNICIPAL FINANCING CORPORATION AMENDMENT ACT, 1978 THE PROVINCIAL TREASURER First Reading ............................................ . Second Reading .......................................... . Committee of the Whole .................................. . Third Reading ........................................... . Royal Assent ............................................ .

Printed by the Queen's Printer for the Province of Alberta, EDMONTON Bill BILL THE ALBERTA MUNICIPAL FINANCING CORPORATION AMENDMENT ACT, 1978 (Assented to , 1978) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: 1 The Alberta Municipal Financing Corporation Act is amended by this Act. 2 Section 31 (1) is amended by striking out "$2,200,000,000" and substituting" $2 800000 000". 3 This Act comes into force on the day upon which it is assented to. Explanatory Notes This Bill will amend

chapter of the Revised Statutes of Alberta 1970. 2 Section 31 (1) presently reads: 31(

J) Notwithstanding anything in sections 24, 26 and 27, the corporation shall not borrow any money by the issue and sale of notes, bonds, debentures or by way of temporary loan where the borrowing would cause the aggregate principal amount of (

a) the outstanding notes, bonds, debentures and other securities issued by the corporation, and (

b) the outstanding temporary loans raised by the corporation, to exceed the aggregate sum of $2, 200, 000, 000. Title: 1978 (18th, 4th) Bill 4, The Alberta Municipal Financing Corporation Amendment Act, 1978