Bill 228 — Second Session, 18Th Legislature, 25 Elizabeth Ii the Legislative Assembly of Alberta Bill 228 An Act To, Amend the Alberta Energy Company Act (Legislature 18, Session 2)

L18 S2 5687

Alberta — Bills

1976 Bill Second Session, 18th Legislature, 25 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL

AN ACT TO, AMEND THE ALBERTA ENERGY COMPANY ACT MR. CLARK First Reading . - ~ .• ,,-'f'" Second Reading Third Reading ..... Printed by the Queen's Printer for lhe Province of Alberta, EDMONTON Bill Mr. Clark BILL

AN ACT TO AMEND THE ALB~RTA ENERGY COMPANY ACT ( Assented to , 1976) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, ena;cts as follows: 1. The Alberta Energy Company Act is hereby amended. 2. The following

section is adde.d after

section 17: 17.1

(1) Notwithstanding the provisions of the memo randum of association of the company, the company shall not have the object nor the powe'r to (

a) carry out field exploration activities, (

b) drill exploratory, production or developm'ent wells, (

c) carry out any oil or gas production, (

d) carryon the business of refining, manufacturing, storing, distribution or retail selling of any product, (

e) hold any equity investm·ent in, own or control by agreement or otherwise or make any loan or finan cial guarantee to any person carrying on any of the activities enumerated in clauses (

a) to (d).

(2) Nothing in subs·ection (1) shall be, construed to prevent the company from contracting with any person to provide any service described in claus;es (

a) to (

d) thereof. 3. This Act comes into force on the day upon which it is assented to. Title: 1976 (18th, 2nd) Bill 228,

An Act to Amend The Alberta Energy Company Act

Document details

Collection	Alberta — Bills
Citation	L18 S2 5687
Type	bill
Volume / chapter	L18 S2 5687
Language	en
Format	json
Source	PROVINCIAL
Identifier	e3471186be7c4d7b85d2cd49a496dfd380d7275f

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