Bill 87 (Legislature 18, Session 2)

L18 S2 5659

Alberta — Bills

1976 BILL 87 Second Session, 18th Legislature, 25 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL 87 THE OIL SANDS TECHNOLOGY AND RESEARCH AUTHORITY AMENDMENT ACT, 1976 THE MINISTER OF ENERGY AND NATURAL RESOURCES First Reading ............................................ . Second Reading Third Reading ........................................... . Printed by the Queen's Printer for the Province of Alberta, EDMONTON

Bill 87 BILL 87 1976 THE OIL SANDS TECHNOLOGY AND RESEARCH AUTHORITY 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 Oil Sands Technology and Research Authority Act is hereby amended.

Section 13 is amended (

a) as to subsection (1) by adding after the words "from moneys appropriated" the words "from the General Revenue Fund", (

b) by striking out subsection (2) and by substituting the following:

(2) The Provincial Treasurer shall pay to the Authority (

a) the moneys provided by appropriation each year and referred to in subsection (1), and (

b) any moneys appropriated from the Alberta Heritage Savings Trust Fund for the pur poses of this Act, in equal monthly instalments unless otherwis,e agreed between the Provincial Treasurer and the Authority. 1

Explanatory Notes 1. This Bill will amend

chapter 49 of the Statutes of Alberta, 1974.

Section 13 presently reads: 13.

(1) All expenditures of the Authority, except those expenditures that are required to be paid from the Fund, shall be paid from moneys appropriated by the Legislature for the purposes of this Act.

(2) The Provincial Treasurer shall pay to the Authority the funds provided by appropriation in each year and referred to in subsection (1) in equal monthly instalments unless otherwise agreed between the Provin cial Treasurer and the Authority. 1

Section 19, subsection (5) is amended by adding after clause (

a) the following: (a.1) moneys appropriated by the Legislature from the Alberta Heritage Savings Trust Fund for the pur poses of this Act; 4. This Act comes into force on the day upon which it is assented to. 2

Section 19(5) presently reads:

(5) The following shall be paid into the Fund: (

a) moneys advanced pursuant to subsection (3); (

b) all income received by the Authority and derived from moneys or other property forming part of the Fund; (

c) all moneys received pursuant to an agreement entered into under

section 15, except as otherwise provided in the agreement; (

d) all moneys received by the Authority pursuant to

section 16, subsection (1), clause (

a) or

section 20 or pursuant to any agreement entered into under

section 23. 2 Title: 1976 (18th, 2nd) Bill 87, The Oil Sands Technology and Research Authority Amendment Act, 1976

Document details

Collection	Alberta — Bills
Citation	L18 S2 5659
Type	bill
Volume / chapter	L18 S2 5659
Language	en
Format	json
Source	PROVINCIAL
Identifier	c100b47ebe23ce6928d6ad08a7aac154d27425dd

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