Bill 213 — First Session, 20Th Legislature, 32 Elizabeth Ii the Legislative Assembly of Alberta Bill 213 Consumer Purchasing Power Index Act Mrs. Cripps (Legislature 20, Session 1)

L20 S1 3745

Alberta — Bills

1983 BILL First Session, 20th Legislature, 32 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL CONSUMER PURCHASING POWER INDEX ACT MRS. CRIPPS First Reading Second Reading Committee of the Whole Third Reading Royal Assent Bill Mrs.

Cripps BILL CONSUMER PURCHASING POWER INDEX ACT (Assented to , 1983) Purchasing power Index HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: 1 In this Act, (a) "Bureau" means the Alberta Bureau of Statistics; (b) "Minister" means the Provincial Treasurer. 2(1) In respect of every year, the Bureau shall prepare and publish a report showing a purchasing power index for individuals in Alberta, based on the average cost of living and the average earnings of Albertans.

(2) The purchasing power index may be expressed in or more forms and in any manner considered appropriate by the Bureau but shall include an expression of the number of hours of work necessary, at the average eaming rate of Albertans for the year in quesfion, to earn enough money to purchase standardized items of each of the elements of the average cost of living listed in subsecdon (3).

(3) The Bureau shall determine and publish the manner of calcu lation of the average cost of living which shall be based on such factors as the Board considers appropriate, but shall include (

a) income taxes; (

b) cost of shelter including expenses in respect of: (

i) rent; (ii) property taxes; (iii) maintenance; (iv) udlities; (

v) interest on home financing; (

c) food; (

d) clothing; (

e) consumer goods including service and financing charges incurred in their purchase; (

f) transportation; (

g) education; (

h) entertainment; (

i) recreation; (

j) health and personal care; (

k) vacations.

(4) The average earnings shall be expressed before deduction of taxes.

(5) The Bureau shall determine and publish a purchasing power index in respect of urban residents and in respect of rural residents based on their respective average earnings and average costs of living.

(6) The Bureau may determine and publish purchasing power indices for subdivisions of the population other than those described in sub section (5), based on geographic, occupational, economic or other factors.

(7) The Bureau shall transmit a copy of every report published to the Minister who shall table a

summary of the report in the Legislative Assembly if it is then sitting, or if it is not then sitting within 15 days of the commencement of the next siding. In accordance with section 4(1) of the

Interpretation Act, this Bill comes into force on the date a receives Royal Assent. Title: 1983 (20th, 1st) Bill 213, Consumer Purchasing Power Index Act

Document details

Collection	Alberta — Bills
Citation	L20 S1 3745
Type	bill
Volume / chapter	L20 S1 3745
Language	en
Format	json
Source	PROVINCIAL
Identifier	ab37f911f445d6258bae41df164249e11d559a75

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