Bill 139 — Third Ses'Sion, 16Th Legislature, Lj- Blizabetlr Tr the Legislative Assembly of Alberta Bill 139 An Act Respecting Minors' Contracts (Legislature 16, Session 3)

L16 S3 4831

Alberta — Bills

1970 Bill Third Ses'sion, 16th Legislature, lj- Blizabetlr Tr THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL

An Act respecting Minors' Contracts MR. DICKIE First Reading Second Reading Third Reading Printed by L. S. Wall, Queen's Printer, Edmonton BILL

An Act respecting Minors' Contracts (Assented to , 1970) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1. This Act may be cited as The Minors' Contracts Act. 2.

(1) Subject to the provisions of this section, every con tract which is entered into by a minor who has attained the age of 18 years shall have effect as if the minor was of the age of 21 years.

(2) If the Court is satisfied in respect of any contract to which subsection (1) of this

section applies that, at the time the contract was entered into (

a) the consideration for a minor's promise or act was so inadequate as to be unconscionable, or (

b) any provision of any such contract imposing an obligation on any party thereto who was harsh or oppressive, it may, in the course of any proceedings or on application made for the purpose, cancel the contract, or decline to en force the contract against the minor or declare that the contract is unenforceable against the minor, whether in whole or in part. 3.

(1) Subject to the provisions of this

section every contract entered into by a minor who has not attained the age of 18 years shall be unenforceable against the minor.

(2) If the Court is satisfied that any contract to which subsection (1) of this

section applies was, at the time t~e contract was entered into a fair and reasonable one, It may, in its discretion in the course of any proceedings or on application made for the purpose enforce the contract against the minor or declare that the contract is binding on the minor. 4. This Act comes into force on the day upon which it is assented to. Title: 1970 (16th, 3rd) Bill 139,

An Act respecting Minors' Contracts

Document details

Collection	Alberta — Bills
Citation	L16 S3 4831
Type	bill
Volume / chapter	L16 S3 4831
Language	en
Format	json
Source	PROVINCIAL
Identifier	e5b0e90d31147e45397b05467b8c76704a4d9cd8

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