Bill 82 (Legislature 19, Session 2)

L19 S2 4121

Alberta — Bills

1980 BILL Second Session, 19th Legislature, 29 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL THE ALBERTA GOVERNMENT TELEPHONES AMENDMENT ACT, 1980 THE ASSOCIATE MINISTER OF TELEPHONES First Reading Second Reading Committee of the Whole Third Reading Royal Assent Title: 1980 (19th, 2nd) Bill 82, The Alberta Government Telephones Amendment Act, 1980 Bill BILL THE ALBERTA GOVERNMENT TELEPHONES AMENDMENT ACT, 1980 (Assented to , 1980) HER MAJESTY, by and with the advice and consent of the Leg islative Assembly of Alberta, enacts as follows: 1 The Alberta Government Telephones Act is amended by this Act. 2

Section is amended (

a) in subsection (1) by adding "manufacture," after "maintain, ”; (

b) by adding the following after subsection (1):

(1.1) The commission may carry out research in and consult in telecommunications. (

c) by repealing subsection (3). 3 The following is added after

section 5: 5.1

(1) The commission may purchase or otherwise acquire and sell or otherwise dispose of common or preferred shares in any corporation, whether or not it is incorporated in the Province, that provides a service or produces a product that, in the opinion of the commission, pertains to telecommunications.

(2) The commission may make loans to or guarantee the loans of a corporation in which it holds common or preferred shares under subsection (1), and may take any security for the loans or guarantees that the commission considers advisable. 4 This Act comes into force on the day upon which it is assented to. 1 Explanatory Notes This Bill will amend

chapter of the Revised Statutes of Alberta 1970. 2 Section 5(1) and (3) presently reads: 5(1) The commission may purchase, construct, extend, maintain, op erate and lease to and from other persons, a system or systems in the Province, including private communication systems.

(3) The commission may purchase or otherwise acquire and sell or otherwise dispose of common or preferred shares in Telesat Canada. 3 The commission may purchase and sell shares in a corporation. 1 Title: 1980 (19th, 2nd) Bill 82, The Alberta Government Telephones Amendment Act, 1980

Document details

Collection	Alberta — Bills
Citation	L19 S2 4121
Type	bill
Volume / chapter	L19 S2 4121
Language	en
Format	json
Source	PROVINCIAL
Identifier	ba479ba627334f80e30d078d452957fa5a09b938

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