~ Bill Fourth Session, 17th Legislature, 24 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL TIiE DEPARTMEN'" OF HIGHV"AYS ANO TRANSPORT AMENDMENT ACT, 1975 THE MINISTER OF HIGHWAYS AND TRANSPORT First Reading ............................. . Second Reading ............................ . Third Reading ............................. . Printed by the Queen's Printer for the Province of Alberta, EDMONTON Bill BILL THE DEPARTMENT OF HIGHWAYS AND TRANSPORT AMENDMENT ACT, 1975 (Assented to I 1975) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: 1. The Department of Highways and Transport Act is hereby amended.

Section 8, subsection (!;) is dmended by ~triking out the words "18 million dollars" and by substituting therefor the figure "$30,000,000". 3. This Act comes into force on the day upon which it is assented to. ExplanatoiY Notes I. This Bill will amend

chapter of the Revised Statutes of Alberta 1970. 2.

Section a read::; as follows: 8.

(1) The Minister shall establish and administer a stock advance fund for the Department of Highways and Transport.

(2) The Provincial Treasurer upon the requisition of the Minister may make advances from the General Revenue Fund to the stock advance fund of such sums as the Minister may require to pay for land, mach­ inery, equipment, stock or material required by the Department.

(3) The net amount of the advances at any time shaJl not exceed million dollars. .

(4) The Provincial Treasurer shall not make advances to the stock adyancefund (

a) in excess of the net amount of $1,000,000 for the purchase of land in anyone year, or (

b) in excess of $200,000 for the purchase of anyone parcel of land, but the net amount of advances for land purchases shall no1. at any time exceed three million dollars. Title: 1975 (17th, 4th) Bill 12, The Department of Highways and Transport Amendment Act, 1975