Bill 274 — Third Session, 22Nd Legislature, 40 Elizabeth Ii the Legislative Assembly of Alberta Bill 274 Senior Citizens Medical Research Foundation Act (Legislature 22, Session 3)

L22 S3 2650

Alberta — Bills

1991 BILL 274 Third Session, 22nd Legislature, 40 Elizabeth II THE LEGISLATIVE ASSEMBLY Of ALBERTA BILL 274 SENIOR CITIZENS MEDICAL RESEARCH FOUNDATION ACT MR. MUSGROVE First Reading Second Reading Committee of the Whole Third Reading Royal Assent Title: 1991 (22nd, 3rd) Bill 274, Senior Citizens Medical Research Foundation Act

Bill 274 Mr. Musgrove BILL 274 1991 SENIOR CITIZENS MEDICAL RESEARCH FOUNDATION ACT (Assented to , 1991) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows:

Definitions 1 In this Act, (a) "Foundation" means the Senior Citizens Medical Research Foundation created pursuant to

section 2; (b) "Minister" means the member of the Executive Council charged by the Lieutenant Governor in Council with the administration of this Act. Foundation established2(1) There is hereby created a corporation with the name "The Senior citizens Medical Research Foundation" consisting of not more than 7 members appointed by the Lieutenant Governor in Council.

(2) The Lieutenant Governor in Council may prescribe the term of office of any member appointed pursuant to subsection (1).

(3) The Lieutenant Governor in Council shall designate a member of the Foundation as chairman and another member as vice chairman.

(4) In the event of the absence or inability to act of the chairman or in the event that the office of the chairman is vacant, the vice chairman shall be the acting chairman and in that capacity has all the powers and duties of the chairman.

(5) The Minister may prescribe the rate of remuneration and the substance and travelling expenses to be paid to the members of 1

the Foundation. Purpose 3 The purpose of the Foundation is to provide funding to medical research projects based in Alberta for research in the field of geriatrics and the application of new knowledge in that field to improve the health of and the quality of health services in Alberta to Alberta’s Senior Citizens. Services of experts 4 The Foundation may engage the services of experts or persons having special technical or other knowledge to advise or to inquire into and report to the Foundation or any committee established by the foundation on any matter pertaining to the objects of the Foundation. By-laws 5(1) The Foundation may, with approval of the Minister, make by laws (

a) respecting the conduct of the business and affairs of the Foundation, (

b) respecting the calling of meetings of the Foundation and the conduct of business at those meetings, (

c) respecting the remuneration and expenses payable to trustees of the Foundation, (

d) respecting the appointment, removal, functions, powers, duties, remuneration of officers and employees of the Foundation, (

e) delegating to the officers of the Foundation any powers of the Foundation required to manage the business and affairs of the Foundation, except the power to make by-laws, (

f) respecting the establishment of annual and other budgets of the Foundation and the amendment of those budgets, (

g) governing the administration of its funds, (

h) governing the management of the real and personal property of the Foundation, (

i) governing the making of grants or loans by the Foundation for purposes consistent with its objects, (

j) prescribing the information that is to be included in or is to accompany an applications for a grant or loan from the Foundation and the form in which the application is to be made, 2

(

k) respecting the procedures to be followed for the approval of projects within the research priorities established by the Foundation, (

l) relating to any other matter necessary for carrying out the purposes of the Foundation.

(2) A by-law does not become effective (

a) unless it is passed by a majority of the members of the Foundation, and (

b) until it is approved by the Minister.

(3) The "Regulations Act" does not apply to the by-laws of the Foundation. Powers of the Foundation6(1) The Foundation may, subject to the regulations, (

a) make grants to any organization within the purposes of the Foundation, (

b) acquire real or personal property, whether by purchase, donation, lease, grant, bequest or otherwise, (

c) hold, preserve, maintain, renovate, restore and manage the real and personal property of the Foundation, and (

d) dispose of any real or personal property by sale, lease or any other manner.

(2) Any real or personal property acquired by the Foundation by gift, bequest, devise or loan is subject to any terms and conditions stipulated by the person giving, bequeathing, devising or loaning the property.

(3) The Provincial Treasurer may, at the request of and on behalf of the Foundation, (

a) invest any funds under the control of the Foundation in any securities authorized under

section 50 of the "Financial Administration Act", or (

b) sell and dispose of securities and reinvest the proceeds of sale in securities authorized under clause (a). Directions by Minister 7 The Minister may give directions to the Foundation for the purpose of coordinating the work of the Foundation with the 3

programs, policies and the work of the Government and public and private organizations and institutions, in order to avoid duplication of effort and expense. Annual report 8(1) After the end of each fiscal year, the foundation shall prepare and submit to the Minister a report consisting of (

a) a general

summary of its transactions and affairs during that year, its revenues and the application of its expenditures during that year, (

b) audited and financial statements as required under

section 77 of the "Financial Administration Act", and (

c) any other information the Minister may require.

(2) On receiving a report under subsection (1), the Minister shall lay a copy of it before the Legislative Assembly if it is then in session, and if not, within 15 days after the commencement of the next ensuing session. Agent of the Crown 9 The Foundation is an agent of the crown in the right of Alberta. 4 Title: 1991 (22nd, 3rd) Bill 274, Senior Citizens Medical Research Foundation Act

Document details

Collection	Alberta — Bills
Citation	L22 S3 2650
Type	bill
Volume / chapter	L22 S3 2650
Language	en
Format	json
Source	PROVINCIAL
Identifier	b39c9b91554358aef6a51722d8e8d875fd4208ec

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