Bill 85 (Legislature 18, Session 2)

L18 S2 5657

Alberta — Bills

1976 BILL 85 Second Session, 18th Legislatur6VQt1I.l:m~aD.eth II THE LEGISLATIVE ASSEM8LY OF ALBERTA BILL 85 THE TREASURY BRANCHES AMENDMENT ACT, 1976 THE PROVINCIAL TREASURER First Reading ............................................ . Second Reading ........................... ' .............. . Third Reading ........................................... . Printed by the Queen's Printer for the Province of Alberta, EDMONTON

Bill 85 BILL 85 1976 THE TREASURY BRANCHES 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 Treasury Branches Act is hereby amended.

Section 2 is amended by adding after clause (

d) the following: (d.1) "treasury branch facility" means real property (

i) that is used or intended to be used in connection with or incidental to the opera tions of the Province of Alberta Treasury Branches, and (ii) the acquisition of which is paid for with money from the Fund.

Section 9 is amended (

a) as to subsection (4), by adding after clause (

e) the following: (e.1) the income from treasury branch facilities and the proceeds of the sale of treasury branch facilities; (

b) as to subsection (5), by adding after clause (

d) the following: (d.1) moneys payable for 1

Explanatory Notes 1. This Bill will amend

chapter 370 of the Revised Statutes of Alberta 1 970. 2. Defines "treasury branch facility". 3.

Section 9(4) and (5) commence as follows:

(4) The following shall be paid into and shall form part of the Fund:

(5) The following shall be paid out of the Fund: 1

(

i) acquiring treasury branch facilities, (ii) designing or constructing buildings, structures or other improvements to be used as treasury branch facilities, (iii) demolishing buildings or other struc tures in the course of constructing treasury branch facilities, and (iv) the heating, care, maintenance, altera tion, extension, repair and manage ment of treasury branch facilities; 4. The fol/owing sections are added after

section 10: 10.1 Every treasury branch facility (

a) is under the administration of the Minister, and (

b) is an asset of the Fund. 10.2 Money shall not be paid out of the Fund for (

a) the acquisition of a treasury branch facility, or (

b) the design or construction of a building, structure or other improvement to be used as a treasury branch facility, or (

c) the demolition of a building, structure or other im provement in the course of constructing a treasury branch facility, without the prior consent of the Minister. 10.3

(1) Notwithstanding that treasury branch facilities are not under his administration, the Minister of Housing and Public Works is responsible for (

a) the acquisition of treasury branch facilities, (

b) the design and construction of buildings, structures or other improvements to be used as treasury branch facilities, and (

c) the demolition of buildings, structures or other improvements in the course of constructing treasury branch facilities, 2

4. Self-explanatory. 2

upon such terms and conditions as the Provincial Treasurer may prescribe.

(2) The Minister of Government Services is, subject to any directions given by the Provincial Treasurer, responsible for the heating, care, maintenance, alteration, extension, repair and management of treasury branch facil ities. 10.4

(1) Upon the recommendation of the Minister, the Lieutenant Governor in Council may by order transfer the administration of a treasury branch facility from the Minister to another member of the Executive Council but only if the order also directs the transfer of moneys to the Treasury Branches Deposits Fund from moneys appropriated by the Legislature for that purpose in an amount equal to the market value or the book value of that treasury branch facility, whichever is greater.

(2) Upon the recommendation of the Minister, the Lieu tenant Governor in Council may by order transfer the administration and control of a treasury branch facility from the Crown in right of Alberta to the Crown in right of Canada but only if the order also directs the transfer of moneys to the Treasury Branches Deposits Fund from the General Revenue Fund in an amount equal to the market value or the book value of that treasury branch facility, whichever is greater.

(3) Subject to subsection (5), the Minister may, with the approval of the Lieutenant Governor in Council, sell any treasury branch facility.

(4) The Minister may, subject to the regulations, lease any treasury branch facility.

(5) A sale of a treasury branch facility under subsection (3) shall be made (

a) following the submission of tenders or a public auction, (

b) only after the Minister has obtained not less than two appraisals of the treasury branch facility, not less than one of those appraisals being obtained from an appraiser who is not an employee of the Government and who carries on business as an appraiser, and 3

(

c) at a selling price which is not less than market value of the treasury branch facility.

Section 11 is struck out and the fol/owing is substituted therefor: 11. The Minister may in each year pay from the Fund (

a) to any municipality within which any treasury branch premises are situated, a grant not exceeding the amount that would be recoverable by the municipality if those premises were subject to the business tax of the municipality for that year, and (

b) to any municipality within which any treasury branch facility is situated, a grant not exceeding the amount that would be recoverable by the municipal ity if that facility was subject to the property and frontage taxes of the municipality for that year. 6. This Act comes into force on the day upon which it is assented to. 4

Section 11 presently reads: 11. Out of the Fund, the Minister may each year pay to any municipality within which any treasury branch premises are situated a grant not exceeding the amount that would be recoverable by the municipality if the premises were subject to the business tax of the municipality for that year. 4 Title: 1976 (18th, 2nd) Bill 85, The Treasury Branches Amendment Act, 1976

Document details

Collection	Alberta — Bills
Citation	L18 S2 5657
Type	bill
Volume / chapter	L18 S2 5657
Language	en
Format	json
Source	PROVINCIAL
Identifier	cd7f8b987352dc87eb86e6bff047d15824aea029

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