Bill 17 (Legislature 14, Session 2)

L14 S2 1973

Alberta — Bills

No. 17 2nd Session, 14th Legislature, Alberta 9 Elizabeth II BILL 17 A Bill to amend The Alberta Municipal Financing Corporation Act HON. MR. HINMAN Prlnted by L. S. WALL. Printer to the Queen's Most Excellent MaJuty. ]i)dmonton, Alberta, 1961

Explanatory Note Maximum amount the Corporation may borrow is increased from 185 to 250 million dollars.

Section 31(1) presently reads: "31.

(1) Notwithstanding the powers set forth in sections 25 and 26 the corporation shall not borrow any money by the issue and sale of notes, bonds, debentures or lather securities or by way of temporary loan where the borrowing would cause the aggregate principal amount of the outstanding notes, bonds, debentures and other securities issued by the corporation, together with the outstanding temporary loans raised by the corporation, to exceed the aggregate sum of one hundred and eighty-five million dollars."

BILL No. 17 of 1961

An Act to amend The Alberta Municipal Financing Corporation Act (Assented to , 1961) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1. The Alberta Municipal Financing Corporation Act, being

chapter 3 of the Statutes of Alberta, 1956, is hereby amended.

Section 31, subsection (1) is amended by striking out the words "one hundred and eight-five" and by substituting the words "two hundred and fifty". 3. This Act comes into force on the day upon which it is assented to.

No. 17 SECOND SESSION FOURTEENTH LEGISLATURE 9 ELIZABETH II 1961 BILL

An Act to amend The Alberta Municipal Financing Corporation Act Received and read the First time .................. . Second time .......... . Third time. HON. MR. HINMAN Title: 1961 (14th, 2nd) Bill 17,

An Act to amend The Alberta Municipal Financing Corporation Act

Document details

Collection	Alberta — Bills
Citation	L14 S2 1973
Type	bill
Volume / chapter	L14 S2 1973
Language	en
Format	json
Source	PROVINCIAL
Identifier	df5c6b9c4e78a8912920743ff5f34d1686946e0f

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