Bill 87 (Legislature 12, Session 1)

L12 S1 6755

Alberta — Bills

Bill No. 87 of A BILL TO AMEND THE EXEMPTIONS ACT NOTE This Bill amends The Exemptions Act, being

chapter of the Revised Statutes of Alberta, 1942.

Section is amended. The amendment to clause (

b) in creases the exemption in the case of furniture and house hold furnishings and appliances from seven hundred to twelve hundred dollars. The amendment to clause (

I) in creases the value in the case of an automobile from a value not exceeding eight hundred to a value not exceeding fifteen hundred dollars under which it is exempt. The amendment to ,clause (

i) increases the value in the case of tools, im plements and equipment necessary to the execution debtor from five hundred to one thousand dollars, under which the equipment is exempt. The amendment to -clause (

k) in creases the value, under which value the house actually occupied by the execution debtor, the buildings used in connection therewith and the lot or lots on which the house is situate is exempt from seizure, from three thousand to eight thousand dollars. Se'ction is amended. The reference to clause (

e) and clause (

f) of

section is struck out. This has the effect of making exempt, in the case of an execution upon a judg ment for a debt owing to a hospital for hospital services, one tractor and one car valued at fifteen hundred dollars, or one motor truck, whichever of the latter are required by the execution debtor in his trade or calling. Previously these items were not so exempt. This Bill comes into force upon assent. J. W. RYAN, Acting Legislative Counsel. (This note does not form any part of the Bill but is offered in explanation of its provisions.) BILL No. 87 of

An Act to amend The Exemptions Act ( Assented to ,1959) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1. The Exemptions Act, being

chapter of the Re vised Statutes of Alberta, 1942, is hereby a'mended. 2.

Section is amended

Section 2 (

a) by striking out the word "seven", where it occurs in amended clause (b), and by substituting the words "one thousand two"; (

b) by striking out the word "eight", where it oc'curs in clause (I), and by substituting the words "one thousand five"; (

c) by striking out the words "five hundred", where they occur in clause (i), and by substituting the words "one thousand"; (

d) by striking out the word. "three" wherever it occurs in clause (k), and by substituting the word "eight". 3.

Section is amended by striking out the words and secti°dn d9 figure "and in paragraphs (

e) and (

I) of

section 2". amen e 4. This Act comes into force on the day upon which it is Coming into assented to. force No. 87 FIRST SESSION TWELFTH LEGISLATURE ELIZABETH II BILL

An Act to amend The Exemptions Act Received and read the First time ............... : ......................... . Second time ....................................... . Third time ......................................... . HON. MR. MAYNARD Title: 1953 (12th, 1st) Bill 87,

An Act to amend The Exemptions Act

Document details

Collection	Alberta — Bills
Citation	L12 S1 6755
Type	bill
Volume / chapter	L12 S1 6755
Language	en
Format	json
Source	PROVINCIAL
Identifier	ed556212ccb92a323a76df5d82d8cded1192d77f

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