Bill 65 — The Lloydminster Hospital Amendment Act, 1976 (Legislature 18, Session 2)

L18 S2 5637

Alberta — Bills

Second Session, 18th Legislature, 25 Elizabeth Ii THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL THE llOYDMINSTER HOSPITAL AMENDMENT ACT, 1976 MR. MILLER First Reading ............................................ . Second Reading ......................................... . Third Reading ........................................... . Printed by the Queen's Printer for the Province of Alberta, EDMONTON Bill Mr. Miller BILL THE LLOYDMINSTER HOSPITAL AMENDMENT ACT, 1976 (Assented to , 1976) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: 1. The Lloydminster Hospital Act is hereby amended. 2.

Section is struck out and the following substituted: 22. The Minister may prescribe a maximum rate of interest that a debenture may carry and no debenture shall be issued that carries interest at a rate, in excess of the rate so prescribed. 3. The

Schedule is amended as to Form A ,by :;triking out the words "at not more than six per cent per annum" wherever they occur and substituting the words II at not more tha n ............ per cent per annum". 4. This Act comes into force on the day upon which it is assented to. Explanatory Notes 1. This Bill will amend

chapter of the Statutes of-Alberta, 1948 . . 2.

Section presently reads: 22. Debentures shall not carry interest at a greater rate than six per cent per annum. , This amendment will allow for market fluctuations in interest rates for debentures. 3. Consequentia' amendment. Title: 1976 (18th, 2nd) Bill 65, The Lloydminster Hospital Amendment Act, 1976

Document details

Collection	Alberta — Bills
Citation	L18 S2 5637
Type	bill
Volume / chapter	L18 S2 5637
Language	en
Format	json
Source	PROVINCIAL
Identifier	bc36e3f11ff7f4e156e8511676c31187c75f6ea0

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