Bill 98 (Legislature 8, Session 3)

L8 S3 8346

Alberta — Bills

BILL No. 98 of 1937.

An Act to amend The Feeder Associations Guarantee Act. (Assented to ,1937.) HIS MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of A~berta, enacts as follows: 1. This Act may be cited as "The Feeder Associations Guarantee Act Amendment Act, 1937." 2. The Feeder Associations Guarantee Act, being

an Act enacted at the present session of the Legisl'ative Assembly, is hereby amended as to

section thereof, by striking out the words "by utilizing surplus feed and fodder" where the same occur in paragrnph (a). 3. The said Act is further amended a;s to

section thereof by striking out the same and by substituting therefor the following: "3.-

(1) Upon the recommendation of the Minister of Agriculture, the Lieutenant Governor in Council may from time to time, authorize and empower the Provindal Treas urer to guarantee on behalf of the Provin~, the due re payment of any losses which may be sustained by any per son as a result of loans made by any such person for the purpose of assisting any Feeder Association to acquire live stock for flattening and finishing by the members thereof, provided however, that in no case shall the liIability of the Government of the Province of Alberta in respect of guaran tees given under this Act to any person, exceed twenty-five per cent of the aggregate amount of any such loans, and every such guarantee shall be in such form and upon such terms and conditions as may be pres'cribed by the Lieutenant Governor in Coundl.

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(2) The aggregate amount of the borrowings of any Feeder Association in respe,ct of which a guarantee may be given pursuant to this Act in any year, shall not exceed One Hundred Thousand Dollars." 4. This Aot shall come into force on the day upon which it is assented to. No. 98. THIRD SESSION EIGHTH LEGISLATURE GEORGE VI BILL

An Act to amend The Feeder Associations Guarantee Act. Received and read the First time ...................................... .. Second time ............................... , .... . Third time ....................................... . HON. MR. MULLEN. EDMONTON: A. Shnitka. King's Printer Title: 1937 (8th, 3rd) Bill 98,

An Act to amend The Feeder Associations Guarantee Act

Document details

Collection	Alberta — Bills
Citation	L8 S3 8346
Type	bill
Volume / chapter	L8 S3 8346
Language	en
Format	json
Source	PROVINCIAL
Identifier	c54ebfac48e9e675e1862d6d453918410dc1bcb7

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