Bill 74 (Legislature 10, Session 4)

L10 S4 7418

Alberta — Bills

, BiH_NQ.· 74 of ;1.9~7.

A BILL TO AMEND THE MECHANICS' LIEN ACT • NOTE. -'~-l "Phi~ -- B41 Jr~me-Hds: :Sectioli 24 of the Act and --provides 'for ··• tt~e:e:ttpiiy : of-·a lien£ Uiile8si_a"-i'enewal ··statementt is; filed. within •tsix : yeal'~P afte f ··the '·aate t Ofiifiling- ot the; lien,!..rshowing .... the _i·' am:f$htl still '~Wia't ~'lli~tiert\l -fl!his:is'in tline.witH The :Buls ' 'of JSo$e - ~~~ <wlii~h.~-::req~Ur~·;at £renewal of·ra chattel-:molt g-age ; -te~· be 'ffleci{I <bUt L =w.i.thiii ~ tli-ree.{year-s· of ., r.egistl'a.tion.):;fFhe ···~ fl~di eftt:neq:\Vo bind 'l'Jitles10ffices iare:eneumbered l With •' ~edt~hi~s' ''.

Iiem wh<ichH w~eu~egq-stered l -many n yearS'J ago, ·H"mafiy ·-o:f>:·wtneli n&ve been paitJt'&ntt manY &thers:.:whNe· no proceedings have been taken withUt~ fto- them · foOJSmany ~.,~s."'··"Where t the ~oSi!X·I Ye&rs r- h&S ·r all:eady· elapsetl ~h~·· Iien ···':helder _;irs · giY'en'·e.' lflllrthe!t~ year· after · the coming--into· for:ce of this amendment. <J W. ·S;'· GRAY) ' · ·hepiSlative ·eounsel. '• ··•(This note does rwt form arvy part of the BiU but is offered t)n. t?.tptil:lwticm of its rw.o1Jiftons.)

BILL No. 74 of 1947.

An Act to amend The Mechanics' Lien Act . (Assented to • 1947.) HIS MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1. The Mechanics' Lien Act, being

chapter 236 of the Revised Statutes of Alberta, 1942, is hereby amende·d as to

section 24 by adding immediately at the end thereof the following new subsections: "

(6) Every registered lien whether a certificate of lis pendens has been filed or not, shall absolutely cease to exist on the expiration of six years from the date of registration of the lien unless before the expiration of that period and not more than two months before its expiration the lien holder, his assignee, agent or any person claiming through or under him, files in the office of the Registrar of Land Titles a statement verified by affidavit setting out the interest of the lienholder and the amount still owing for principal and interest, which statement may be in Form 7 in the

Schedule or to the like effect with such variations as the circumstances may require. "

(7) Upon receipt of the statement the Registrar of Land Titles shall make a memorandum upon the certificate of title of the land of the filing of the statement. "

(8) Notwithstanding the other provisions of this section, where a lien has been registered before the coming into force of this amending Act, and the lien is still then existing, it shall absolutely cease to exist at the expiration of one year from the date of the coming into force of this amending Act or upon the expiration of the period referred to in sub section (6), whichever last occurs, unless in the meantime the lienholder files in the office of the Registrar a statement complying with the provisions of subsection (6), which statement shall be filed not more than two months before the expiration of the said period of six years or one year, as the case may be. "

(9) The provisions of subsections (6), (7) and (8) shall apply mutatis mutandis to liens filed in the office of the Minister of Lands and Mines pursuant to the provisions of

section 23." 2. The said Act is further amended by adding immedi ately after Form 6 in the

Schedule thereto the following new Form:

2 "FORM 7 "(Section S4.) "Statement setting out the interest of the lienholder and the balance due on the lien dated the ............................ day of ................................ , 19 ........ and registered by ........................... . of...... .................................. in the Province of Alberta in the office of the Registrar of Land Titles for the ...................... ..

Alberta Land Registration District on the .................... day of .... ......... ................... , 19 ........ , against ......................................... . (here insert legal description of land affected by the lien). "Amount for which lien filed - - $ ......................... . "Interest (if any) to date of statement $ ........................ ..

"Balance still owing$ ......................... . (Signature of Lienholder, Agent, or fl8 the ca.se may be.) "I, ............................................ of ............................................ .. in the Province of Alberta, the lienholder mentioned in the foregoing statement (or, the agent of the lienholder, or as the case may be), make oath and say as follows: "1.

That the foregoing statement is true and that the amount· stated therein as the balance is still owing to me under the said lien. - · Sworn before me at ........................ } ~~. - ~~d?;~f.i.~~.~ .. ~~ .. ~~~~~i9~~~ (A Cmnmissioner of Oath8, etc.") 3. ' This Act shall come into force on the day upon which it ·is assented to. ·

No. 74 FOURTH SESSION TENTH LEGISLATURE 11 GEORGE VI 1947 BILL ' t •

An Act to amend The Mechames' ~ Lien Act. Received and read the ~ ~ . : First time ....... ..... .......... .. ....... ...... . Cl Second time . _ ....... ............... .......... . Third time ................ ................... .. HON. 'MR. MAYNARD. EDMONTON: A. Sbnltka, Klnl''• Printer 1141 Title: 1947 (10th, 4th) Bill 74,

An Act to amend The Mechanics' Lien Act

Document details

Collection	Alberta — Bills
Citation	L10 S4 7418
Type	bill
Volume / chapter	L10 S4 7418
Language	en
Format	json
Source	PROVINCIAL
Identifier	cda9adc41500f00c108a46589bb1248c64bb700e

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