Alberta Gazette — 15 December 2007 (Part II)

15 December 2007

Alberta — Gazette

Alberta Gazette — 15 December 2007 (Part II)

15 December 2007

Alberta — Gazette

Alberta Regulation 216/2007

Marketing of Agricultural Products Act

ALBERTA SUGAR BEET GROWERS AUTHORIZATION

AMENDMENT REGULATION

Filed: November 16, 2007

For information only: Made by the Alberta Agricultural Products Marketing Council

on October 25, 2007 pursuant to sections 26 and 27 of the Marketing of Agricultural

Products Act and approved by the Minister of Agriculture and Food on November 6,

1 The Alberta Sugar Beet Growers Authorization

Regulation (AR 286/97) is amended by this Regulation.

Section 6 is amended by striking out "November 30, 2007"

and substituting "November 30, 2008".

--------------------------------

Alberta Regulation 217/2007

Marketing of Agricultural Products Act

ALBERTA SUGAR BEET GROWERS NEGOTIATION, MEDIATION AND

ARBITRATION AMENDMENT REGULATION

Filed: November 16, 2007

For information only: Made by the Alberta Agricultural Products Marketing Council

on October 25, 2007 pursuant to

section 33 of the Marketing of Agricultural Products

Act and approved by the Minister of Agriculture and Food on November 5, 2007.

1 The Alberta Sugar Beet Growers Negotiation, Mediation

and Arbitration Regulation (AR 285/97) is amended by this

Regulation.

Section 39 is amended by striking out "November 30, 2007"

and substituting "November 30, 2008".

Alberta Regulation 218/2007

Marketing of Agricultural Products Act

SUGAR BEET PRODUCTION AND MARKETING

AMENDMENT REGULATION

Filed: November 16, 2007

For information only: Made by the Alberta Sugar Beet Growers on November 2,

2007 pursuant to sections 26 and 27 of the Marketing of Agricultural Products Act

and approved by the Alberta Agricultural Products Marketing Council on November

6, 2007.

1 The Sugar Beet Production and Marketing Regulation

(AR 287/97) is amended by this Regulation.

Section 51 is amended by striking out "November 30, 2007"

and substituting "November 30, 2008".

--------------------------------

Alberta Regulation 219/2007

Wildlife Act

WILDLIFE (SPECIES LISTING, 2007) AMENDMENT REGULATION

Filed: November 20, 2007

For information only: Made by the Minister of Sustainable Resource Development

(M.O. 44/07) on November 14, 2007 pursuant to

section 103(1) of the Wildlife Act.

1 The Wildlife Regulation (AR 143/97) is amended by this

Regulation.

Part 3 of

Schedule 6 is amended by striking out "(None

prescribed so far)" and substituting the following:

Sub-Part 1

Endangered Plants

Cryptantha minima

(Tiny Cryptanthe)1

Tradescantia occidentalis

(Western Spiderwort)1

Tripterocalyx micranthus

(Small-flowered Sand Verbena)2

Yucca glauca

(Soapweed) (Yucca)1

1 These organisms are further categorized as "endangered" by the

Department.

2 These organisms are further categorized as "threatened"

by the Department.

Sub-Part 2

Endangered Algae

(None prescribed so far)

Sub-Part 3

Endangered Fungi

(None prescribed so far)

Schedule 6 is amended

(

a) by relocating footnotes 1, 2 and 3 occurring after

Sub-Part 2 of

Part 1 to the end of the

Schedule

without any alteration except adding "Footnotes to the

Schedule" before footnote 1;

(

b) in

Part 4 by striking out "(None prescribed so far)" and

substituting the following:

Acipenser fulvescens

(Lake Sturgeon)3

Coregonus zenithicus

(Shortjaw Cisco)3

Cottus bairdi

(St. Mary Sculpin)3

Hybognathus argyritis

(Western Silvery Minnow)3

Noturus flavus

(Stonecat) 3

--------------------------------

Alberta Regulation 220/2007

Land Agents Licensing Act

LAND AGENTS LICENSING AMENDMENT REGULATION

Filed: November 21, 2007

For information only: Made by the Lieutenant Governor in Council (O.C. 510/2007)

on November 21, 2007 pursuant to

section 25 of the Land Agents Licensing Act.

1 The Land Agents Licensing Regulation (AR 227/2001) is

amended by this Regulation.

Section 1 is amended by repealing clauses (

d) and (

e) and substituting the following:

(d) "interim land agent licence" means an interim land agent

licence issued under

section 4;

(e) "performance evaluation" means a performance evaluation in

the form in

Schedule 1.1;

(f) "permanent land agent licence" means a permanent land

agent licence issued under

section 5;

(g) "trainee" means a person who holds an interim land agent

licence and is being trained by a trainer to become a

permanent land agent;

(h) "trainer" means a corporation or an individual that provides

training for a trainee to become a permanent land agent;

(i) "training agreement" means land agent training agreement

described in

section 3.1.

3 The following is added after

section 3:

Training agreement

3.1(1) A land agent training agreement is a contract between a

trainee and a trainer

(

a) that includes

(

i) an undertaking by the trainer to ensure that the

trainee will work under the supervision of

permanent land agent licensees who have been

actively involved in land agent work during the 3

years immediately preceding the date of the

trainee's interim land agent licence application,

(ii) an undertaking that the trainee will carry out the

number of negotiations required by the Registrar,

and

(iii) an undertaking by the trainer to complete and file

with the Registrar a performance evaluation that

will be based, in part, on comments from the

permanent land agent licensees who will supervise

the trainee,

(

b) that is signed by the trainee and the trainer or the

trainer's authorized representative, and

(

c) that expires on the expiry date of the trainee's interim

land agent licence.

(2) A training agreement

(

a) may be renewed on the renewal of the trainee's interim

land agent licence, and

(

b) may be terminated by the trainee or the trainer by

giving, to the other party, a written notice that sets out

the termination date and the reasons for termination and

within 7 days of giving that notice by giving the

Registrar a copy of the notice.

(3) If a training agreement is terminated under subsection (2)(b),

the Registrar may, in accordance with

section 7 of the Act, suspend

the trainee's interim land agent licence until the trainee files, with

the Registrar, a copy of a new training agreement.

Section 4 is amended

(

a) in subsection (1) by repealing clauses (

b) and (

c) and substituting the following:

(

b) subject to subsection (1.1), satisfactorily completed at

least 2 years of post-secondary education that, in the

Registrar's opinion, is relevant to the activities of a land

agent,

(

c) satisfactorily completed the interim land agent licence

examination set by the Registrar, and

(

d) entered into and filed with the Registrar a training

agreement.

(

b) by adding the following after subsection (1):

(1.1) The Registrar may waive the 2 years of post-secondary

education described in subsection (1)(

b) if the applicant

satisfies the Registrar that the applicant has the equivalent

competence and is suitable to be trained as a land agent.

(1.2) The Registrar may impose conditions on a waiver

granted under subsection (1.1).

(

c) in subsection (4) by striking out "form established by

the Registrar under

section 5(1)(c)" and substituting "in

Schedule 1.1".

Section 5 is amended

(

a) by repealing subsection (1) and substituting the

following:

Permanent land agent licences

5(1) The Registrar may issue a permanent land agent licence

to an individual who holds or has held an interim land agent

licence if that individual

(

a) has worked as a land agent for a period of at least

12 consecutive months, without the interim land

agent licence being suspended, under the

supervision of one or more of the permanent land

agent licensees who meet the qualifications set out

section 3.1(1)(a)(i),

(

b) has successfully completed a land agent education

program acceptable to the Registrar,

(

c) has satisfactorily completed the permanent land

agent licence examination set by the Registrar, and

(

d) has carried out the number of negotiations required

under

section 3.1(1)(a)(ii) in a manner that is

satisfactory to the Registrar,

and if the trainer of the individual has completed and filed

with the Registrar a performance evaluation that meets the

requirements of

section 3.1(1)(a)(iii).

(

b) in subsection (3) by striking out "may" and

substituting "may, subject to subsection (3.1),";

(

c) by adding the following after subsection (3):

(3.1) The qualifications for the renewal of a permanent land

agent licence are that the applicant has spent at least 14 hours

in one or both of the following activities in the previous 2

years:

(

a) attending courses, seminars or conferences satisfactory

to the Registrar;

(

b) serving on a committee or board, satisfactory to the

Registrar, that carries out activities relevant to land

agent work.

(3.2) An applicant for a renewal of a permanent land agent

licence must complete and submit to the Registrar the

permanent land agent licence renewal qualification form set

out in

Schedule 1.2 and provide any additional information

requested by the Registrar.

(

d) in subsection (5)

(

i) by striking out "subsection (6)" and substituting

"compliance with subsections (3.1), (3.2) and (6)";

(ii) by striking out "expires or expired before the

commencement of this subsection," and substituting

"expires,";

(

e) by repealing subsection (6) and substituting the

following:

(6) If an application for a new permanent land agent licence is

made more than 12 months after the previous permanent land

agent licence expired, the applicant must, before a new

permanent land agent licence is issued,

(

a) satisfactorily complete a permanent land agent licence

examination set by the Registrar, and

(

b) if the application is made more than 36 months after the

previous permanent land agent licence expired, fulfill

any additional qualifications as set by the Registrar.

(

f) by adding the following after subsection (6):

(7) A land agent who obtains a permanent land agent licence

must keep, for at least 5 years, records evidencing that the land

agent has met the eligibility requirements

(

a) for that licence, and

(

b) for any renewal of that licence.

Section 7 is amended by renumbering it as

section 7(1)

and by adding the following after subsection (1):

(2) A land agent must offer to explain to the owner or the owner's

agent the proposed terms of the agreement referred to in subsection

(1).

Section 10 is repealed and the following is substituted:

Standards of conduct of land agents

10 When negotiating for or acquiring an interest in land, land

agents must conduct themselves in a professional and ethical

manner, and in accordance with any standards of conduct

established by the Registrar.

8 The following is added after

section 10:

Transitional

10.1(1) In this section,

(a) "amended Regulation" means the Land Agents

Licensing Regulation (AR 227/2001) as amended on

November 30, 2007 by the Land Agents Licensing

Amendment Regulation;

(b) "previous Regulation" means the Land Agents

Licensing Regulation (AR 227/2001) as it read

immediately before it was amended on November 30,

2007 by the Land Agents Licensing Amendment

Regulation.

(2) Section 4(1)(

b) of the amended Regulation does not apply to

an individual who holds an interim land agent licence on

November 30, 2007 who

(

a) fails to renew the licence before it expires, but

(

b) applies for a new interim land agent licence within 30

days after the existing licence expires.

(3) Section 5(1) of the previous Regulation, instead of

section 5(1)

of the amended Regulation, applies to an individual who holds an

interim land agent licence on November 30 2007.

(4) Section 5(3.1) and (3.2) of the amended Regulation do not

apply to an individual who holds a permanent land agent licence

on November 30, 2007 until after the licence is first renewed after

November 30,

Section 12 is amended by striking out "November 30, 2007"

and substituting "November 30, 2012".

10 The following is added after

Schedule 1:

Schedule 1.1

(section 3.1)

Performance Evaluation

1 (trainer) certifies that under the Training Agreement

dated (dd/mm/yyy)

(1) (interim land agent) , holding Interim Land Agent Licence

Number ________, has completed the following requirements set

by the Registrar of Land Agents:

? Successfully passed the Distance Learning Course based

on the Reference Manual for Alberta Land Agents.

? Conducted (number) of the minimum 10 required

negotiations for interests in land in Alberta that were observed

by one or more of the permanent land agents named in this

evaluation.

Legal

Description

(as shown on

title)

Type of

Negotiation

e.g. Easement,

Surface Lease,

etc.

Date of

Agreement

(yyyy/mm/dd)

Name of

Person(

s) Negotiated

With

Telephone

Numbers

? Conducted (number) of the minimum 15 required

negotiations for interests in land in Alberta that were reviewed

by one or more of the permanent land agents named in this

evaluation.

Legal

Description

(as shown on

title)

Type of

Negotiation

e.g. Easement,

Surface Lease,

etc.

Date of

Agreement

(yyyy/mm/dd)

Name of

Person(

s) Negotiated

With

Telephone

Numbers

(2) The following permanent land agents supervised (interim

land agent) :

(a) (name) (licence number)

(b) (name) (licence number)

(c) (name) (licence number)

(d) (name) (licence number)

(3) The permanent land agents named in subsection (2) held a

valid permanent land agent licence and were actively involved in

land agent work for at least 3 years immediately preceding the

date of (interim land agent) 's interim land agent licence

application.

(4) The following comments on (interim land agent) 's

performance were reviewed and agreed to by the permanent land

agents named in subsection (2):

(

a) describe the articling land agent's performance in such

matters as attention to detail in negotiations and

documentation, congeniality with land owners,

adherence to time limits and standards of conduct

prescribed in the Regulation, skill development in

relation to the employer's expectations and general

integrity in performance of land agent work

(

b) identify any areas for recommended improvement or

change and additional training:

(

c) describe what you have done to encourage development

in those areas described in clause (b)

2 (trainer) recommends that the Registrar of Land Agents

? Accept

? Not Accept (give reasons):

(interim land agent) 's application for a permanent land agent

licence under the Land Agents Licensing Regulation (Alberta).

(signature of trainer or trainer's authorized representative)

(date)

Schedule 1.2

(section 5(3.2))

Permanent Land Agent Licence

Renewal Qualification Form

I (first name) (middle name) (last name) , holding

Permanent Land Agent licence number _________, certify that

since the issuance of or the last renewal of my Permanent Land

Agent licence I spent (number of hours) as outlined in the

following categories below:

A. Courses, Seminars and Conferences Relevant to Land Agent

Work

Name of Course or Seminar

Dates Attended

Number of Hours

B. Committee or Board Membership Relevant to Land Agent Work

Name of Committee or

Board

Position

Dates

(from - to)

Number of

Hours

(signature) (date)

Note: Before a Permanent Land Agent Licence is renewed, the

licensee must have spent at least 14 hours in one or both of the

categories above.

11 This Regulation comes into force on November 30,

--------------------------------

Alberta Regulation 221/2007

Public Sector Pension Plans Act

PUBLIC SECTOR PENSION PLANS (LEGISLATIVE PROVISIONS AND

PLANS PORTABILITY ARRANGEMENTS, 2007)

AMENDMENT REGULATION

Filed: November 21, 2007

For information only: Made by the Lieutenant Governor in Council (O.C. 524/2007)

on November 21, 2007 pursuant to Schedules 1, 2 and 5, sections 4 and 12 of the

Public Sector Pension Plans Act.

Part 1

Public Sector Pension Plans

(Legislative Provisions) Regulation

1 The Public Sector Pension Plans (Legislative Provisions)

Regulation (AR 365/93) is amended by this Part.

Section 10 is repealed.

Section 16.15 is amended

(

a) by repealing subsection (1) and substituting the

following:

Portability arrangements between LAPP, PSPP,

MEPP and Teachers' Plans

16.15(1) Pursuant to applicable provisions of sections 12(g.1)

of Schedules 1 and 2 and

section 12(1)(g.1) of

Schedule 5 to

the Act and subject to subsection (1.1), the Minister may

establish a portability arrangement between any 2 of the Local

Authorities Pension Plan, the Public Service Pension Plan, the

Management Employees Pension Plan and both (but not

separately) the Teachers' Pension Plan and the Private School

Teachers' Pension Plan for the purpose of enabling the transfer

of pension entitlements with respect to an eligible participant or

former participant.

(1.1) A portability arrangement under subsection (1) is to be

made

(

a) as it affects the Teachers' Pension Plan and the Private

School Teachers' Pension Plan (together) and another

pension plan referred to in subsection (1), by an

agreement between the Teachers' Pension Plans Board

of Trustees and the Minister under this

section and

sections 58 of Schedules 1 and 2 to the Teachers' and

Private School Teachers' Pension Plans (AR 203/95),

and

(

b) if the Teachers' Pension Plan and the Private School

Teachers' Pension Plan are not involved, by order of the

Minister after consulting with the pension boards for the

plans involved.

(

b) in subsection (2) by striking out "(1)" and

substituting "(1.1)(b)".

Part 2

Local Authorities Pension Plan

4 The Local Authorities Pension Plan (AR 366/93) is

amended by this Part.

Section 2(1) is amended

(

a) by repealing clause (i);

(

b) in clause (

j) by striking out ", but including any such

value to be determined on a transfer under a new reciprocal

agreement";

(

c) in clause (

l) by adding "or (e)" after "20(1.1)(d)";

(

d) in clause (

z) by adding "the repealed" after "specified

in";

(

e) in clause (aa) by striking out "is" and substituting

"was";

(

f) in clause (hh)

(

i) by striking out "into under" and substituting "into

before the commencement of the Public Sector Pension

Plans (Legislative Provisions and Plans Portability

Arrangements, 2007) Amendment Regulation under the

repealed";

(ii) by adding "the repealed" after "an order under";

(

g) by adding the following after clause (nn):

(nn.1) "special portability arrangement" means an agreement

under

section 85.1(1) or 98.1(1), or both;

Section 10(i)(

B) is amended by striking out "immediately

before the commencement of this clause" and substituting "the end

of 1999".

Section 11.1(3) is amended by striking out "reciprocal

agreement" and substituting "special portability arrangement or a

portability arrangement established under

section 16.15 of the

Regulations".

Section 17(1) is amended by striking out ", 15 or 16" and

substituting "or 15".

Section 20(1.1) is amended by repealing clause (

e) and

substituting the following:

(

e) a period that was or is to be taken into account as pensionable

service under this Plan under

(

i) a portability arrangement established under

section

16.15 of the Regulations, or

(ii) a special portability arrangement.

Section 23(1) is amended by striking out ", except in the

case of a payment into the Plan under a reciprocal agreement,".

Section 29 is amended

(

a) in subsection (1)

(

i) in clause (a)

(

A) in subclause (iv) by striking out "that is"

and substituting "or a special portability

arrangement that was or is";

(

B) by repealing subclause (

v) and

substituting the following:

(

v) any part of a sum paid into the Plan from

another pension plan under a portability

arrangement established under

section 16.15

of the Regulations that is recognized by the

Minister as employee contributions,

(ii) in clause (b)(i)(

C) by striking out "and performed

with a party to a reciprocal agreement" and

substituting "or a special portability arrangement and

performed with a party to a reciprocal agreement or a

special portability arrangement, as the case may be";

(

b) in subsection (4)(

b) by adding "or a special portability

arrangement" after "agreement";

(

c) in subsection (8)

(

i) by striking out "the Public Service Pension Plan"

and substituting "another pension plan";

(ii) by striking out "Part 2" and substituting "a

portability arrangement established under

section

16.15";

(iii) by striking out "that Part" and substituting "that

section".

Section 33(1)(

c) is amended by striking out "new

reciprocal agreement" and substituting "special portability

arrangement".

Section 34.1 is amended

(

a) in subsection (2) by striking out "84(2)(

a) or 97(2)(a)"

and substituting "85.1(3)(a)(ii) or 98.1(2)(a)";

(

b) in subsection (3) by striking out "reciprocal agreement"

and substituting "special portability arrangement or a

portability arrangement established under

section 16.15 of

the Regulations".

Section 67(1) is amended by striking out "the other party

to a reciprocal agreement" and substituting "another party to a

special portability arrangement".

Section 68 is amended by striking out "an old reciprocal

agreement" and substituting "a reciprocal agreement, a special

portability arrangement or a portability arrangement established under

section 16.15 of the Regulations".

Section 69 is amended

(

a) in clause (c)

(

i) by striking out "reciprocal agreement" and

substituting "special portability arrangement";

(ii) by striking out "84(2)(a)" and substituting

"85.1(3)(a)";

(

b) in clause (c.1) by striking out "the Public Service

Pension Plan" and substituting "another pension plan".

Section 70(1) is amended

(

a) in clause (c)

(

i) by striking out "reciprocal agreement" and

substituting "special portability arrangement";

(ii) by striking out "84(2)(a)" and substituting

"85.1(3)(a)";

(

b) in clause (

d) by striking out "the Public Service Pension

Plan" and substituting "another pension plan".

Section 71 is amended

(

a) by striking out "reciprocal agreement that" and

substituting "special portability arrangement that";

(

b) by striking out "reciprocal agreement under

section

84(2)(a)" and substituting "special portability

arrangement under

section 85.1(3)(a)(ii)".

Section 72 is amended

(

a) in clause (c)

(

i) by striking out "reciprocal agreement" and

substituting "special portability arrangement";

(ii) by striking out "97(2)(a)" and substituting

"98.1(2)(a)";

(

b) in clause (c.1) by striking out "the Public Service

Pension Plan" and substituting "another pension plan".

Section 73(1) is amended

(

a) in clause (c)

(

i) by striking out "reciprocal agreement" and

substituting "special portability arrangement";

(ii) by striking out "97(2)(a)" and substituting

"98.1(2)(a)";

(

b) in clause (

d) by striking out "the Public Service Pension

Plan" and substituting "another pension plan".

Section 74 is amended

(

a) by striking out "84(2)(a)" and substituting

"85.1(3)(a)(ii)";

(

b) by striking out "97(2)(a)" and substituting

"98.1(2)(a)(ii)".

Section 84 is repealed.

23 The following is added before

section 86:

Saving of reciprocal agreements involving SFPP

84.1(1) Notwithstanding the repeal of

section 84 by the Public

Sector Pension Plans (Legislative Provisions and Plans Portability

Arrangements, 2007) Amendment Regulation, reciprocal

agreements entered into under that repealed

section between the

Plan and the Special Forces Pension Plan remain in force without

any further amendment.

(2) Reciprocal agreements referred to in subsection (1) are to be

administered and construed in accordance with the Public Sector

Pension Plan legislation, principal and subordinate, that existed

immediately before the repeal of

section 84.

Special portability arrangements

85.1(1) The Minister may enter into agreements with the

administrators of any registered pension plan sponsored or partially

other province or territory in Canada or any local authority within

any province or territory of Canada establishing arrangements for

the purposes of enabling the transfer of pension entitlements

between the Plan and those pension plans.

(2) Before establishing a special portability arrangement, the

Minister must receive a written assurance from the Board that,

based on the advice of the Plan's actuary, implementation of that

arrangement is not expected to have a material adverse financial

effect on the Plan.

(3) A special portability arrangement must provide

(

a) for pension entitlements under the Plan, based on all

pensionable service, whether accumulated before or

after the end of 1991, to be transferred from the Plan in

an amount that does not exceed the greater of

(

i) the actuarial present value of the pension

entitlements calculated as if the person were, at the

time the application for transfer is received by the

Minister, entitled to a pension with respect to that

pensionable service, and

(ii) the sum of the commuted value and, if applicable,

employee contribution excess at termination,

(

b) for service that is eligible to be recognized as

pensionable service as a result of a transfer to be so

recognized only on payment into the Plan of the

actuarial present value of the pension entitlements that

would be created in the Plan as a result of the transfer,

and

(

c) for money that is locked in under the transferring plan

to continue to be locked in under the transferee plan

even if it would not be locked in under the transferee

plan but for this requirement,

appropriate.

(4) The actuarial present values referred to in subsection (3)(a)(

i) are to be calculated so as to include future salary and cost-of-living

increase projections.

(5) Section 1(2) of the Act

Schedule does not apply to the

definition of "reciprocal agreement" with respect to the

interpretation of provisions of these plan rules relating to special

portability arrangements that were made by the Public Sector

Pension Plans (Legislative Provisions and Plans Portability

Arrangements, 2007) Amendment Regulation.

Section 97 is repealed.

25 The following is added after

section 97:

Saving of reciprocal agreements involving SFPP

97.1

Section 84.1 applies with references to

section 84 being

treated as references to

section 97.

26 The following is added before

section 99:

Special portability arrangements

98.1(1)

Section 85.1(1) and (2) apply.

(2) A special portability arrangement must provide

(

a) for pension entitlements under the Plan, based on all

pensionable service, whether accumulated before or

after the end of 1991, to be transferred from the Plan in

an amount that does not exceed the greater of

(

i) the actuarial present value of the pension

entitlements calculated as if the person were, at the

time the application for transfer is received by the

Minister, entitled to a pension with respect to that

pensionable service, and

(ii) the sum of the commuted value and, if applicable,

employee contribution excess at termination,

and

(

b) for the matters provided for in

section 85.1(3)(

b) and

(c),

appropriate.

(3) Section 85.1(4) and (5) apply, with the reference in the former

section 85.1(3)(a)(

i) being treated as referring to subsection

(2)(a)(i).

27 Sections 114, 115, 117 and 117.1(7) are repealed.

28 The following is added before

Schedule 1:

Saving of reciprocal agreements for notice purposes

119(1) Notwithstanding the repeal of sections 84 and 97 by the

Public Sector Pension Plans (Legislative Provisions and Plans

Portability Arrangements, 2007) Amendment Regulation but

subject to sections 84.1 and 97.1, a reciprocal agreement falling

within those sections remains in force for the purpose of enabling

the giving of notice of termination of the agreement to other parties

to the agreement and, subject to this section, until the effective date

of that termination.

(2) Where a reciprocal agreement is terminated under subsection

(1),

(

a) a person who immediately before the termination of the

agreement was participating in the Plan and had

previously made arrangements for periodic instalment

payments with respect to prior service that had not yet

been completed is to continue to make payments under

those arrangements under the same terms and

conditions, including the rate of interest, until payment

is made in full,

(

b) the employer is liable to continue to make those

contributions, if any, with interest at the rate formerly

payable, in respect of that service, that the employer

would have been liable to make had the agreement not

been terminated, and

(

c) service for which such payments had been made is to be

credited as pensionable service.

Part 2 of

Schedule 2 is amended by striking out "the

commencement of

section 11(h)" and substituting "January 1,

1994".

30 The word "commencement" is struck out wherever it

occurs in the following provisions and is substituted by the

phrase "January 1, 1994":

section 10(a)(i), (b)(i), (

c) and (h);

section 11(f);

section 26(1);

section 79(1)(a);

section 91(1) and (2);

section 105(1) and (2).

Part 3

Management Employees Pension Plan

31 The Management Employees Pension Plan (AR 367/93)

is amended by this Part.

Section 2(1) is amended

(

a) by repealing clause (i);

(

b) in clause (

j) by striking out ", but including any such

value to be determined on a transfer under a new reciprocal

agreement";

(

c) in clause (

l) by adding "or (e)" after "20(1.1)(d)";

(

d) in clause (

z) by adding "the repealed" after "specified

in";

(

e) in clause (aa) by striking out "is" and substituting

"was";

(

f) in clause (hh)

(

i) by striking out "into under" and substituting "into

before the commencement of the Public Sector Pension

Plans (Legislative Provisions and Plans Portability

Arrangements, 2007) Amendment Regulation under the

repealed";

(ii) by adding "the repealed" after "an order under";

(

g) by adding the following after clause (nn):

(nn.1) "special portability arrangement" means an agreement

under

section 85.1(1) or 98.1(1), or both;

Section 20(1.1) is amended by adding the following

after clause (d):

(

e) a period that is to be taken into account as pensionable

service under this Plan under

(

i) a portability arrangement established under

section

16.15 of the Regulations, or

(ii) a special portability arrangement.

Section 23(1) is amended by striking out ", except in the

case of a payment into the Plan under a reciprocal agreement,".

Section 29 is amended

(

a) in subsection (1)

(

i) in clause (a)

(

A) in subclause (iv) by striking out "that is"

and substituting "or a special portability

arrangement that was or is";

(

B) by striking out "and" at the end of

subclause (iii), adding "and" at the end of

subclause (iv) and adding the following

after subclause (iv):

(

v) any part of a sum paid into the Plan from

another pension plan under a portability

arrangement established under

section 16.15

of the Regulations that is recognized by the

Minister as employee contributions,

(ii) in clause (b)(i)(

C) by striking out "and performed

with a party to a reciprocal agreement" and

substituting "or a special portability arrangement and

performed with a party to a reciprocal agreement or a

special portability arrangement, as the case may be";

(

b) in subsection (4)(

b) by adding "or a special portability

arrangement" after "agreement".

Section 33(1)(

c) is amended by striking out "new

reciprocal agreement" and substituting "special portability

arrangement".

Section 34.1 is amended

(

a) in subsection (2) by striking out "84(2)(a)(

i) or

97(2)(a)" and substituting "85.1(3)(a)(ii) or 98.1(2)(a)";

(

b) in subsection (3) by striking out "reciprocal agreement"

and substituting "special portability arrangement or a

portability arrangement established under

section 16.15 of

the Regulations".

Section 67(1) is amended by striking out "the other party

to a reciprocal agreement" and substituting "another party to a

special portability arrangement".

Section 68 is amended by striking out "an old reciprocal

agreement" and substituting "a reciprocal agreement, a special

portability arrangement or a portability arrangement established under

section 16.15 of the Regulations".

Section 69(

c) is amended

(

a) by striking out "reciprocal agreement" and substituting

"special portability arrangement";

(

b) by striking out "84(2)(a)" and substituting

"85.1(3)(a)".

Section 71 is amended

(

a) by striking out "reciprocal agreement that" and

substituting "special portability arrangement that";

(

b) by striking out "reciprocal agreement under

section

84(2)(a)" and substituting "special portability

arrangement under

section 85.1(3)(a)(ii)".

42 Sections 72(

c) and 73(

c) are amended

(

a) by striking out "reciprocal agreement" and substituting

"special portability arrangement";

(

b) by striking out "97(2)(a)" and substituting

"98.1(2)(a)".

Section 74 is amended

(

a) by striking out "84(2)(a)" and substituting

"85.1(3)(a)(ii)";

(

b) by striking out "97(2)(a)" and substituting

"98.1(2)(a)(ii)".

Section 84 is repealed.

Section 85 is amended by striking out "reciprocal

agreement" and substituting "special portability arrangement or a

portability arrangement established under

section 16.15 of the

Regulations".

46 The following is added after

section 85:

Special portability arrangements

85.1(1) The Minister may enter into agreements with the

administrators of any registered pension plan sponsored or partially

other province or territory in Canada or any local authority within

any province or territory of Canada establishing arrangements for

the purposes of enabling the transfer of pension entitlements

between the Plan and those pension plans.

(2) Before establishing a special portability arrangement, the

Minister must receive a written assurance from the Board that,

based on the advice of the Plan's actuary, implementation of that

arrangement is not expected to have a material adverse financial

effect on the Plan.

(3) A special portability arrangement must provide

(

a) for pension entitlements under the Plan, based on all

pensionable service, whether accumulated before or

after the end of 1991, to be transferred from the Plan in

an amount that does not exceed the greater of

(

i) the actuarial present value of the pension

entitlements calculated as if the person were, at the

time the application for transfer is received by the

Minister, entitled to a pension with respect to that

pensionable service, and

(ii) the sum of the commuted value and, if applicable,

employee contribution excess at termination,

(

b) for service that is eligible to be recognized as

pensionable service as a result of a transfer to be so

recognized only on payment into the Plan of the

actuarial present value of the pension entitlements that

would be created in the Plan as a result of the transfer,

and

(

c) for money that is locked in under the transferring plan

to continue to be locked in under the transferee plan

even if it would not be locked in under the transferee

plan but for this requirement,

appropriate.

(4) The actuarial present values referred to in subsection (3)(a)(

i) are to be calculated so as to include future salary and cost-of-living

increase projections.

(5) Section 1(2) of the Act

Schedule does not apply to the

definition of "reciprocal agreement" with respect to the

interpretation of provisions of these plan rules relating to special

portability arrangements that were made by the Public Sector

Pension Plans (Legislative Provisions and Plans Portability

Arrangements, 2007) Amendment Regulation.

Section 97 is repealed.

48 The following is added after

section 98:

Special portability arrangements

98.1(1)

Section 85.1(1) and (2) apply.

(2) A special portability arrangement must provide

(

a) for pension entitlements under the Plan, based on all

pensionable service, whether accumulated before or

after the end of 1991, to be transferred from the Plan in

an amount that does not exceed the greater of

(

i) the actuarial present value of the pension

entitlements calculated as if the person were, at the

time the application for transfer is received by the

Minister, entitled to a pension with respect to that

pensionable service, and

(ii) the sum of the commuted value and, if applicable,

employee contribution excess at termination,

and

(

b) for the matters provided for in

section 85.1(3)(

b) and

(c),

appropriate.

(3) Section 85.1(4) and (5) apply, with the reference in the former

section 85.1(3)(a)(

i) being treated as referring to subsection

(2)(a)(i).

49 Sections 114, 115 and 117 are repealed.

50 The following is added before

Schedule 1:

Saving of reciprocal agreements for notice purposes

119(1) Notwithstanding the repeal of sections 84 and 97 by the

Public Sector Pension Plans (Legislative Provisions and Plans

Portability Arrangements, 2007) Amendment Regulation, a

reciprocal agreement falling within those sections remains in force

for the purpose of enabling the giving of notice of termination of

the agreement to other parties to the agreement and, subject to this

section, until the effective date of that termination.

(2) Where a reciprocal agreement is terminated under subsection

(1),

(

a) a person who immediately before the termination of the

agreement was participating in the Plan and had

previously made arrangements for periodic instalment

payments with respect to prior service that had not yet

been completed is to continue to make payments under

those arrangements under the same terms and

conditions, including the rate of interest, until payment

is made in full,

(

b) the employer is liable to continue to make those

contributions, if any, with interest at the rate formerly

payable, in respect of that service, that the employer

would have been liable to make had the agreement not

been terminated, and

(

c) service for which such payments had been made is to be

credited as pensionable service.

51 The word "commencement" is struck out wherever it

occurs in the following provisions and is substituted by the

phrase "January 1, 1994":

section 2(1)(h.1)(ii)(C);

section 10(h);

section 26(1);

section 79(1)(a);

section 91(1) and (2);

section 105(1) and (2).

Part 4

Public Service Pension Plan

52 The Public Service Pension Plan (AR 368/93) is

amended by this Part.

Section 2(1) is amended

(

a) by repealing clause (i);

(

b) in clause (

j) by striking out ", but including any such

value to be determined on a transfer under a new reciprocal

agreement";

(

c) in clause (

l) by adding "or (e)" after "20(1.1)(d)";

(

d) in clause (

z) by adding "the repealed" after "specified

in";

(

e) in clause (aa) by striking out "is" and substituting

"was";

(

f) in clause (hh)

(

i) by striking out "into under" and substituting "into

before the commencement of the Public Sector Pension

Plans (Legislative Provisions and Plans Portability

Arrangements, 2007) Amendment Regulation under the

repealed";

(ii) by adding "the repealed" after "an order under";

(

g) by adding the following after clause (nn):

(nn.1) "special portability arrangement" means an agreement

under

section 85.1(1) or 98.1(1), or both;

Section 20(1.1) is amended by repealing clause (

e) and

substituting the following:

(

e) a period that was or is to be taken into account as pensionable

service under this Plan under

(

i) a portability arrangement established under

section

16.15 of the Regulations, or

(ii) a special portability arrangement.

Section 23(1) is amended by striking out ", except in the

case of a payment into the Plan under a reciprocal agreement,".

Section 29 is amended

(

a) in subsection (1)

(

i) in clause (a)

(

A) in subclause (iv) by striking out "that is"

and substituting "or a special portability

arrangement that was or is";

(

B) by repealing subclause (

v) and

substituting the following:

(

v) any part of a sum paid into the Plan from

another pension plan under a portability

arrangement established under

section 16.15

of the Regulations that is recognized by the

Minister as employee contributions,

(ii) in clause (b)(i)(

C) by striking out "and performed

with a party to a reciprocal agreement" and

substituting "or a special portability arrangement and

performed with a party to a reciprocal agreement or a

special portability arrangement, as the case may be";

(

b) in subsection (4)(

b) by adding "or a special portability

arrangement" after "agreement";

(

c) in subsection (8)

(

i) by striking out "the Local Authorities Pension Plan"

and substituting "another pension plan";

(ii) by striking out "Part 2" and substituting "a

portability arrangement established under

section

16.15";

(iii) by striking out "that Part" and substituting "that

section".

Section 32.1(2)(

a) is amended by striking out "the

commencement of this section" and substituting "February 22,

2006".

Section 33(1)(

c) is amended by striking out "new

reciprocal agreement" and substituting "special portability

arrangement".

Section 34.1 is amended

(

a) in subsection (2) by striking out "84(2)(

a) or 97(2)(a)"

and substituting "85.1(3)(a)(ii) or 98.1(2)(a)";

(

b) in subsection (3) by striking out "reciprocal agreement"

and substituting "special portability arrangement or a

portability arrangement established under

section 16.15 of

the Regulations".

Section 67(1) is amended by striking out "the other party

to a reciprocal agreement" and substituting "another party to a

special portability arrangement".

Section 68 is amended by striking out "an old reciprocal

agreement" and substituting "a reciprocal agreement, a special

portability arrangement or a portability arrangement established under

section 16.15 of the Regulations".

Section 69 is amended

(

a) in clause (c)

(

i) by striking out "reciprocal agreement" and

substituting "special portability arrangement";

(ii) by striking out "84(2)(a)" and substituting

"85.1(3)(a)";

(

b) in clause (c.1) by striking out "the Local Authorities

Pension Plan" and substituting "another pension plan".

Section 70(1) is amended

(

a) in clause (c)

(

i) by striking out "reciprocal agreement" and

substituting "special portability arrangement";

(ii) by striking out "84(2)(a)" and substituting

"85.1(3)(a)";

(

b) in clause (

d) by striking out "the Local Authorities

Pension Plan" and substituting "another pension plan".

Section 71 is amended

(

a) by striking out "reciprocal agreement that" and

substituting "special portability arrangement that";

(

b) by striking out "reciprocal agreement under

section

84(2)(a)" and substituting "special portability

arrangement under

section 85.1(3)(a)(ii)".

Section 72 is amended

(

a) in clause (c)

(

i) by striking out "reciprocal agreement" and

substituting "special portability arrangement";

(ii) by striking out "97(2)(a)" and substituting

"98.1(2)(a)";

(

b) in clause (c.1) by striking out "the Local Authorities

Pension Plan" and substituting "another pension plan".

Section 73(1) is amended

(

a) in clause (c)

(

i) by striking out "reciprocal agreement" and

substituting "special portability arrangement";

(ii) by striking out "97(2)(a)" and substituting

"98.1(2)(a)";

(

b) in clause (

d) by striking out "the Local Authorities

Pension Plan" and substituting "another pension plan".

Section 74 is amended

(

a) by striking out "84(2)(a)" and substituting

"85.1(3)(a)(ii)";

(

b) by striking out "97(2)(a)" and substituting

"98.1(2)(a)(ii)".

Section 84 is repealed.

Section 85 is amended by striking out "reciprocal

agreement" and substituting "special portability arrangement or a

portability arrangement established under

section 16.15 of the

Regulations".

70 The following is added after

section 85:

Special portability arrangements

85.1(1) The Minister may enter into agreements with the

administrators of any registered pension plan sponsored or partially

other province or territory in Canada or any local authority within

any province or territory of Canada establishing arrangements for

the purposes of enabling the transfer of pension entitlements

between the Plan and those pension plans.

(2) Before establishing a special portability arrangement, the

Minister must receive a written assurance from the Board that,

based on the advice of the Plan's actuary, implementation of that

arrangement is not expected to have a material adverse financial

effect on the Plan.

(3) A special portability arrangement must provide

(

a) for pension entitlements under the Plan, based on all

pensionable service, whether accumulated before or

after the end of 1991, to be transferred from the Plan in

an amount that does not exceed the greater of

(

i) the actuarial present value of the pension

entitlements calculated as if the person were, at the

time the application for transfer is received by the

Minister, entitled to a pension with respect to that

pensionable service, and

(ii) the sum of the commuted value and, if applicable,

employee contribution excess at termination,

(

b) for service that is eligible to be recognized as

pensionable service as a result of a transfer to be so

recognized only on payment into the Plan of the

actuarial present value of the pension entitlements that

would be created in the Plan as a result of the transfer,

and

(

c) for money that is locked in under the transferring plan

to continue to be locked in under the transferee plan

even if it would not be locked in under the transferee

plan but for this requirement,

appropriate.

(4) The actuarial present values referred to in subsection (3)(a)(

i) are to be calculated so as to include future salary and cost-of-living

increase projections.

(5) Section 1(2) of the Act

Schedule does not apply to the

definition of "reciprocal agreement" with respect to the

interpretation of provisions of these plan rules relating to special

portability arrangements that were made by the Public Sector

Pension Plans (Legislative Provisions and Plans Portability

Arrangements, 2007) Amendment Regulation.

Section 97 is repealed.

72 The following is added after

section 98:

Special portability arrangements

98.1(1)

Section 85.1(1) and (2) apply.

(2) A special portability arrangement must provide

(

a) for pension entitlements under the Plan, based on all

pensionable service, whether accumulated before or

after the end of 1991, to be transferred from the Plan in

an amount that does not exceed the greater of

(

i) the actuarial present value of the pension

entitlements calculated as if the person were, at the

time the application for transfer is received by the

Minister, entitled to a pension with respect to that

pensionable service, and

(ii) the sum of the commuted value and, if applicable,

employee contribution excess at termination,

and

(

b) for the matters provided for in

section 85.1(3)(

b) and

(c),

appropriate.

(3) Section 85.1(4) and (5) apply, with the reference in the former

section 85.1(3)(a)(

i) being treated as referring to subsection

(2)(a)(i).

73 Sections 114, 115 and 117 are repealed.

74 The following is added before

Schedule 1:

Saving of reciprocal agreements for notice purposes

119(1) Notwithstanding the repeal of sections 84 and 97 by the

Public Sector Pension Plans (Legislative Provisions and Plans

Portability Arrangements, 2007) Amendment Regulation, a

reciprocal agreement falling within those sections remains in force

for the purpose of enabling the giving of notice of termination of

the agreement to other parties to the agreement and, subject to this

section, until the effective date of that termination.

(2) Where a reciprocal agreement is terminated under subsection

(1),

(

a) a person who immediately before the termination of the

agreement was participating in the Plan and had

previously made arrangements for periodic instalment

payments with respect to prior service that had not yet

been completed is to continue to make payments under

those arrangements under the same terms and

conditions, including the rate of interest, until payment

is made in full,

(

b) the employer is liable to continue to make those

contributions, if any, with interest at the rate formerly

payable, in respect of that service, that the employer

would have been liable to make had the agreement not

been terminated, and

(

c) service for which such payments had been made is to be

credited as pensionable service.

Part 2 of

Schedule 2 is amended by striking out "10(C)"

and substituting "10(c)".

76 The word "commencement" is struck out wherever it

occurs in the following provisions and is substituted by the

phrase "January 1, 1994":

section 2(1)(h.1)(ii)(C);

section 10(h);

section 11(f);

section 26(1);

section 79(1)(a);

section 91(1) and (2);

section 105(1) and (2).

--------------------------------

Alberta Regulation 222/2007

Public Sector Pension Plans Act

PUBLIC SECTOR PENSION PLANS (LEGISLATIVE PROVISIONS)

(MARRIAGE BREAKDOWN, 2007) AMENDMENT REGULATION

Filed: November 21, 2007

For information only: Made by the Lieutenant Governor in Council (O.C. 525/2007)

on November 21, 2007 pursuant to Schedules 1, 2, 4, 5 and 6,

section 12 of the Public

Sector Pension Plans Act.

1 The Public Sector Pension Plans (Legislative Provisions)

Regulation (AR 365/93) is amended by this Regulation.

Section 13(3) is amended by striking out "2007" and

substituting "2009".

--------------------------------

Alberta Regulation 223/2007

Marketing of Agricultural Products Act

ALBERTA MILK PLAN MINIMUM PRICE FOR

SUB-CLASS 1A MILK ORDER

Filed: November 23, 2007

For information only: Made by the Alberta Energy and Utilities Board on November

23, 2007 pursuant to

section 5(4) of the Alberta Milk Plan Regulation (AR 150/2002).

Minimum price for sub-class 1a milk

1 The minimum price for sub-class 1a milk to be paid by processors

for a hectolitre of sub-class 1a milk is $79.89.

Repeal

2 The Alberta Milk Plan Minimum Price for Sub-class 1a Milk Order

(AR 211/2007) is repealed.

Coming into force

3 This Order comes into force on December 15, 2007.

--------------------------------

Alberta Regulation 224/2007

Employment Pension Plans Act

EMPLOYMENT PENSION PLANS (LETTERS OF CREDIT, ETC.)

AMENDMENT REGULATION

Filed: November 28, 2007

For information only: Made by the Lieutenant Governor in Council (O.C. 539/2007)

on November 28, 2007 pursuant to

section 87 of the Employment Pension Plans Act.

1 The Employment Pension Plans Regulation (AR 35/2000)

is amended by this Regulation.

Section 2(1) is amended

(

a) by adding the following after clause (a.5):

(a.55) "conforming letter of credit" means a letter of credit

(

i) in respect of which all the requirements of

section

48.1(2) are met, and

(ii) which, and the issuing of which, with reference to

the circumstances set out in

section 48.1, meets all

the requirements of the tax Act;

(

b) by adding the following before clause (i):

(h.1) "letter of credit" means a letter of credit that is in

accordance with the rules of International Standby

Practices ISP98 (Publication No. 590) of the

International Chamber of Commerce and, where

applicable, includes any renewal, amendment or

confirmation of such a letter of credit or the documents

evidencing such a renewal, amendment or confirmation;

Section 2(2)(

b) is amended by striking out "and" at the

end of subclause (i), adding a comma at the end of

subclause (ii)(B), adding "and" on the line following

subclause (ii) and adding the following at the end:

(iii) money committed under a conforming letter of credit.

4 The following is added after

section 2(2):

(2.1) References in this Regulation to the issuing of a letter of

credit are to be taken to mean,

(

a) where the letter of credit is or was renewed (whether

with or without an increase or decrease in the amount

covered), to the renewal or the latest renewal of it or to

the letter of credit as renewed, and

(

b) where the letter of credit is or was confirmed, to the

confirmation or the latest confirmation of it or to the

letter of credit as confirmed,

as the case may be, and, for the avoidance of any doubt, to include

the replacement of an existing letter of credit.

(2.2) References in this Regulation to confirmation, in the context

of a letter of credit, mean the assumption, whether by force of law

or of contract, by a Canadian banking subsidiary of a foreign bank

of liability for any payments under the letter of credit for which

that foreign parent bank is liable but does not pay.

Section 4(

a) is amended by adding ", (2), (3.2) and (3.3)"

after "50(1)".

Section 16(1)(

e) is amended by adding "and" at the end of

subclause (i), striking out ", and" at the end of subclause (ii)

and repealing subclause (iii).

Section 40 is amended by adding the following after

subsection (6):

(6.1) Notwithstanding subsection (6), a LIF may be established for a

non-member-pension partner who has not yet attained the age of 50

years, and the RRIF has full effect as a LIF, where

(

a) the member-pension partner owner dies, or

(

b) a matrimonial property order or agreement provides for the

splitting of money held in a LIF whose owner is the

member-pension partner.

(6.2) Where a LIF is established under subsection (6.1), then, until

the non-member-pension partner attains the age of 50 years, the

maximum amount that may be withdrawn from that LIF in any year

is the minimum amount that must be withdrawn from it under the tax

Act in that year.

Section 43(9) is amended by striking out "section 39(5.1),

40(4)(b)," and substituting "sections 39(5.1), 40(4)(

b) and".

Section 46.1 is amended

(

a) in subsection (1)(b)(ii) by striking out "(19)" and

substituting "(18)";

(

b) in subsection (18)(

c) by adding a comma after

"membership".

Section 48 is amended

(

a) in subsection (1) by striking out "applies" and

substituting "and

section 48.1 apply";

(

b) in subsection (2) by adding "and, to the extent if any

applicable,

section 48.1" after "with, this section";

(

c) in subsection (3) by striking out "section" and

substituting "sections 48.1 and".

11 The following is added after

section 48:

Use of letters of credit for meeting solvency deficiencies

48.1(1) In this section,

(a) "acceptable rating" means a current rating, given by a

credit rating agency to a bank, which rating is at least

equal to at least one of the following ratings, namely,

(

i) A, from Dominion Bond Rating Service Limited,

(ii) A, from Fitch Ratings,

(iii) A2, from Moody's Investors Service, and

(iv) A, from Standard & Poor's Ratings Services;

(b) "bank" means

(

i) a bank that, by virtue of

section 14 or 14.1 of the

Bank Act (Canada), is or is to be set out in

Schedule I, II or III to that Act, or

(ii) Alberta Treasury Branches;

(c) "credit rating agency" means an agency referred to in

any of clause (a)(

i) to (iv) or any other similar agency

approved by the Superintendent for the purposes of this

section;

(d) "expiry" means the time when a letter of credit expires;

(e) "holder" means the fund holder to whose benefit the

letter of credit in question is made out pursuant to

subsection (3)(c), or that fund holder's successor;

(f) "issuer" means a bank that has an acceptable rating and

is a member of the Canadian Payments Association;

(g) "obligated issuer" means an issuer that is contractually

liable for payment under a conforming letter of credit if

money is drawn down under the letter of credit;

(h) "solvency deficiency payments" means the special

payments under

section 48(3)(c);

(i) "termination report" means the report under

section

76(3) of the Act.

(2) An employer, other than a participating employer under a

specified multi-employer plan, may, instead of making some or

all of the required solvency deficiency payments, use or continue

to use a letter of credit to secure those solvency deficiency

payments for a particular year if and only if the letter of credit

and the bank obligated under the letter of credit satisfy the

requirements of this section.

(3) A letter of credit may not be used for the purposes of

section

48 or this section, and therefore lacks the potential to qualify as a

conforming letter of credit, unless the letter of credit (including

one as renewed)

(

a) is an irrevocable and unconditional standby letter of

credit,

(

b) was issued by a bank that was an issuer,

(

c) is made out to the benefit of a fund holder in trust for

the depositing of it, and of any money paid under it, into

the pension fund,

(

d) specifies the time from when it becomes effective and,

subject to subsection (5), its expiry time,

(

e) makes the issuer that issued it contractually liable, if

money is drawn down under it, for paying out money

under its terms,

(

f) is issued in Canadian currency, and

(

g) provides that

(

i) on the drawdown of money under it, the obligated

issuer will, forthwith after the drawdown demand,

pay to the holder the amount, not exceeding its

face amount, that is demanded under the

drawdown, without further inquiry,

(ii) the insolvency or bankruptcy of the employer is to

have no effect on the rights or the obligations of

the obligated issuer or the holder under it,

(iii) immediately following each expiry time, it will, in

accordance with subsequent provisions of this

section, be renewed, replaced or allowed to expire

without renewal or replacement,

(iv) the obligated issuer must, if applicable, give the

minimum 90 days' notices required by subsection

(9), and

(

v) it may not be

(

A) assigned except by the issuer to another

issuer, or

(

B) amended except

(

I) on a renewal to increase or, in

accordance with subsection (7), to

decrease the amount covered by it,

(II) where a successor issuer has taken over

the rights and obligations under it from a

predecessor issuer, to change the name

of that predecessor to that of that

successor, or

(III) following an assignment, to reflect the

change in issuer, if considered

advisable.

(4) To avail itself of subsection (2), when a letter of credit

intended as a conforming letter of credit is to be initially issued,

an employer must, at least 90 days before the day when the next

in the series of solvency deficiency payments following its issue

date falls due, forward the original or a photocopy of the

executed letter of credit for the Superintendent's review and

approval.

(5) The expiry time of a conforming letter of credit must be not

later than one year from the time it takes effect following its

issue.

(6) At least 90 days before an existing conforming letter of

credit is due to expire, an employer must make known to the

holder and the Superintendent whether, at expiry, the letter of

credit is to be

(

a) renewed, by giving them notice of that fact and of the

amount for which is to be renewed,

(

b) replaced, by forwarding the original or a photocopy of

the replacing executed letter of credit for the

Superintendent's review and approval and notifying the

holder of that transmission, or

(

c) allowed to expire without renewal or replacement on

account of its no longer being needed, by giving them

notice of that fact,

and, so far as applicable, by following the respective process set

out in subsection (7) or (8), as the case may be.

(7) Subject to subsection (15)(b), if the amount for which a

conforming letter of credit is to be renewed or replaced will be

less than the amount covered by the letter of credit to be renewed

or replaced, the employer must

(

a) provide to the Superintendent, along with the document

sent to the Superintendent under subsection (6)(

a) or

(b), a current actuarial valuation report showing that

after the reduction the funding requirements of

section

48 and this

section will continue to be met,

(

b) remit to the holder, along with the notice sent to the

holder under subsection (6)(

a) or (b), a portion of the

amount covered by the letter of credit to be renewed or

replaced and at the same time notify the Superintendent

of that remittance with the amount, or

(

c) implement a combination of clauses (

a) and (b),

in which case the amount of the renewing or replacing letter of

credit may be reduced to the extent indicated in that actuarial

valuation report, by the amount of the remittance under clause

(

b) or by the combination of both, as the case may be.

(8) If a conforming letter of credit is to be allowed to expire

without being renewed or replaced, the employer must, at least

90 days before its expiry, provide to the Superintendent, along

with the notice to the Superintendent referred to in subsection

(6)(c), a current actuarial valuation report showing that after

expiry the funding requirements of

section 48 will continue to be

met.

(9) If the obligated issuer decides that it is not going to renew

the conforming letter of credit, it shall notify the employer, the

holder and the Superintendent of that fact at least 90 days before

its expiry.

(10) The Superintendent shall, within 30 days after receiving a

letter of credit or copy forwarded under subsection (4) or (6)(

b) that receives approval, return it to the employer along with an

acknowledgement that the letter of credit conforms.

(11) The employer must forward the approved original

conforming letter of credit to the holder, along with a copy of the

Superintendent's acknowledgement of conformity,

(

a) if the letter of credit is being initially issued, on or

before the day when the first in the series of solvency

deficiency payments to which the letter of credit relates

following its issue date falls due, or

(

b) if the letter of credit is replacing another, at least 15

days before expiry.

(12) If the expiring conforming letter of credit is to be renewed,

the employer must forward to the holder and to the

Superintendent a copy of the document renewing it at least 15

days before expiry.

(13) Notwithstanding anything in this section, if the bank

obligated under a conforming letter of credit ceases to be an

issuer, the letter of credit may continue to be used for all the

purposes of this

section as a conforming letter of credit, and that

bank is deemed to remain an obligated issuer, until its expiry, but

it may not be renewed.

(14) If, 14 days before expiry, the holder has not received notice

that the pension plan is or is about to be wholly terminated and

still has not received all the documents that the employer was

required by subsection (6) and, so far as applicable, subsection

(7) or (8), to send to the holder, the holder shall on the next

business day draw down the full amount of the letter of credit.

(15) If the pension plan is or is about to be wholly terminated,

the employer must

(

a) maintain the letter of credit in force, and

(

b) if necessary, renew or replace it without any decrease in

the amount covered, and thereafter maintain it,

until the Superintendent has approved the termination report and

the employer has received permission to cancel under subsection

(16)(

a) or made the remittance under subsection (17) or

drawdown has been effectuated under subsection (17).

(16) At the time of notifying the employer that the termination

report is approved, the Superintendent shall also notify the

employer, with a copy to the holder, that based on that report

(

a) the plan is fully solvent and the letter of credit may be

cancelled, or

(

b) there is still a solvency deficiency,

and, if clause (

b) applies, state the amount of the solvency

deficiency that must be remitted to the holder.

(17) If applicable, the employer must, within 14 days after the

date of the Superintendent's notice to the employer of the

solvency deficiency under subsection (16), ensure that the holder

has received the amount so notified and the holder, if the

remittance is not so received, shall, on the next business day after

that 14-day period ends, draw down the lesser of the full amount

of the letter of credit and the amount specified in that notice.

(18) A drawdown under a conforming letter of credit is to be

made by the holder in writing or in such other form as the letter

of credit allows.

(19) Nothing in this

section is to be taken to reduce any

employer's liabilities under

section 73 of the Act or the rules

prescribed in relation to that section.

(20) Where the employer is a participating employer under a

multi-unit plan, that employer, instead of providing the

documentation required by this

section to the holder, must

provide it to the administrator, who shall then forthwith forward

it to the holder.

(21) If the obligated issuer

(

a) is about to assign the conforming letter of credit to

another issuer, as allowed by subsection (3)(g)(v)(A), or

(

b) is a predecessor issuer whose rights and obligations

under the conforming letter of credit are about to be

taken over by a successor issuer,

both issuers shall give notice of the proposed transaction to the

Superintendent and to the holder.

(22) Subject to subsection (18), a notification that is to be given

to or by the Superintendent or any other person under this

section, and any approval that is to be given by the

Superintendent, must be given in writing.

(23) The employer must either

(

a) make interest payments related to the solvency

deficiency payments secured by the conforming letter of

credit monthly within 30 days after the end of the month

to which the interest payments relate at the interest rate

used to establish each solvency deficiency, or

(

b) include in the letter of credit the interest payments

referred to in clause (

a) for the period covered by the

letter of credit.

(24) The employer must pay any fees related to the

establishment and maintenance of the conforming letter of credit

separately, and those fees may not be included in the letter of

credit or charged as a cost to the pension plan.

(25) When a person becomes entitled to receive a benefit

payment, other than an ongoing pension payment, from the

pension plan and while some or all of the solvency deficiency

payments remain covered by a conforming letter of credit, the

employer must

(

a) make one lump sum payment to the plan in an amount

that is equal to any transfer deficiency that exists and to

the extent that it relates to the person, before making the

payment to or on behalf of the person, or

(

b) include a payment in the same amount in the next

remittance of contributions.

(26) A conforming letter of credit is not an asset of the plan for

the purposes of determining its solvency ratio or the going

concern assets.

Section 49 is amended by adding the following after

subsection (5):

(6) For the purposes of this

section and

section 50 of the Act, the

issue of a conforming letter of credit meets the requirement for the

remitting of such amount of contributions as is covered by the letter

of credit.

Section 55(1) is amended by adding ", 48.1" after "48".

Section 60.1 is amended by striking out "are" and

substituting "is".

Section 63 is amended

(

a) in subsection (1) by adding "and, if applicable,

section

48.1" after "48";

(

b) in subsection (2)(

b) by adding "and, if applicable,

section 48.1" before "of this".

Section 67.1(

a) is amended by striking out "46.1(18)"

and substituting "46.1(17)".

Section 73.1 is amended by striking out "require" and

substituting "required".

18 Paragraph 19(2) of Form 1 of

Schedule 1 is amended by

striking out "original" wherever it occurs and substituting

"deceased".

19 The phrase "paragraph (1)(1)(n)" found in the asterisked

paragraph immediately before

Part 1, Form 2 of

Schedule 1

is struck out and substituted by the phrase "paragraph

1(1)(n)".

20 The bracketed reference immediately below the

heading "Form 4" in

Schedule 1 is amended by adding

"section" after "Act and".

Alberta Regulation 225/2007

Alberta Investment Management Corporation Act

ALBERTA INVESTMENT MANAGEMENT CORPORATION REGULATION

Filed: November 28, 2007

For information only: Made by the Lieutenant Governor in Council (O.C. 541/2007)

on November 28, 2007 pursuant to

section 20 of the Alberta Investment Management

Corporation Act.

Table of Contents

Definitions

2 Term of appointment

3 Ceasing to hold office

4 Eligibility

5 Qualifications

6 Nominating committee

7 Indemnities

8 Borrowing

9 Investing

10 Reserve fund

11 Coming into force

Definitions

1 In this Regulation,

(a) "chair" means the chair of the board;

(b) "senior publicly traded issuer" means a publicly traded issuer

that has or had a market capitalization of at least

$75 000 000.

Term of appointment

2(1) The term of office of a director must not exceed 3 years, but no

director shall serve for more than 3 terms or 9 years, whichever occurs

first.

(2) Notwithstanding subsection (1), a director continues to hold office

after that director's term of office has expired until

(

a) the director is reappointed,

(

b) a successor is appointed, or

(

c) a period of 6 months has elapsed,

whichever occurs first.

(3) In determining the term of an appointment, the Lieutenant

Governor in Council shall have regard to the desirability of having no

more than 1/3 of the appointments expire in any one year.

(4) In making an appointment, the Lieutenant Governor in Council

shall have regard to the desirability of having a board that is comprised

of individuals who, in the aggregate, have the full range of skills,

knowledge and experience necessary to be able to effectively lead the

Corporation in achieving its objects.

(5) Subsection (3) applies to appointments made on or after January 1,

Ceasing to hold office

3(1) A director ceases to hold office when

(

a) the director resigns,

(

b) the director becomes ineligible under

section 4(2), or

(

c) the director's appointment expires or is terminated by the

Lieutenant Governor in Council.

(2) A resignation of a director becomes effective when received by the

chair, in writing, or at the time specified in the resignation, whichever

is later.

(3) The chair shall send a copy of the director's resignation to the

Minister forthwith.

Eligibility

4(1) The following individuals are not eligible to become a director:

(

a) an individual who is less than 18 years of age;

(

b) an individual who

(

i) is a dependent adult as defined in the Dependent Adults

Act or is the subject of a certificate of incapacity under

that Act,

(ii) is a formal patient as defined in the Mental Health Act,

(iii) has been found to be a person of unsound mind by a

court elsewhere than in Alberta;

(

c) an individual who has the status of bankrupt in Canada or

equivalent status in any other jurisdiction;

(

d) an individual who

(

i) within the immediately preceding 5 years, has been

convicted of an indictable offence or of an offence of a

similar nature in another jurisdiction, or

(ii) has been convicted of an offence under the Bank Act

(Canada) or the Loan and Trust Corporations Act, the

Credit Union Act, the Insurance Act or the Securities

Act, or an equivalent law of another jurisdiction;

(

e) an individual, other than the Deputy Minister of the Minister,

who is an employee of, or who is an employee of an agent of,

the Crown;

(

f) an individual who is a Member of the Legislative Assembly

of Alberta.

(2) A director is disqualified if the person

(

a) was ineligible to become a director under subsection (1),

(

b) becomes an individual referred to in subsection (1)(b), (c),

(

e) or (f), or

(

c) is convicted of an offence referred to in subsection (1)(d).

(3) An act of the board or a committee of the board is valid

notwithstanding that a director may have been ineligible or disqualified

under this section.

Qualifications

5 Individuals appointed to the board must have proven and

demonstrable experience and expertise in investment management,

finance, accounting or law or experience as an executive or a director

in a senior publicly traded issuer.

Nominating committee

6(1) The Minister shall establish a nominating committee to advise

the Minister regarding the appointment of any individual to the board.

(2) The nominating committee must be comprised of at least 3

individuals, each of whom must have proven and demonstrable

experience and expertise in investment management, finance,

accounting or law or experience as an executive or a director in a

senior publicly traded issuer.

(3) The chair is, if the office is not vacant, a member of the

nominating committee.

(4) The nominating committee shall provide the Minister with a short

list of qualified candidates comprised of at least double the number of

positions to be filled, excluding any positions to be filled by

reappointment.

(5) In determining the short list referred to in subsection (4), the

nominating committee must take into account

section 2(4).

(6) The Minister shall recommend to the Lieutenant Governor in

Council only candidates for appointment to the board who have been

provided by the nominating committee.

(7) This

section does not apply with respect to the reappointment of a

director.

(8) This

section applies in respect of persons to be appointed to the

board after January 1, 2008.

Indemnities

7(1) The Corporation may indemnify a person under

section 12(1) of

the Act if authorized by a resolution of the board.

(2) The Corporation must purchase and maintain appropriate liability

insurance, as is commercially reasonable, to indemnify the Corporation

against the costs, charges and expenses in respect of which

indemnification under

section 12(1) of the Act may be required.

(3) The indemnity

(

a) must be in writing and provide that it applies only to the

extent that the person is not otherwise indemnified, and

the Corporation or the Minister.

(4) The Corporation may, under

section 12(2) of the Act, provide

indemnities in writing of the type that the Crown may provide under

section 71(1)(a), (

b) or (

d) of the Financial Administration Act.

Borrowing

8 If authorized by a resolution of the board, the Corporation may,

under

section 18 of the Act, borrow money from the Crown or from a

bank, credit union or treasury branch that is required for the

Corporation's operating, capital or other purposes authorized by the

Minister.

Investing

9 The Corporation may invest its funds only as a participant under

section 40 of the Financial Administration Act.

Reserve fund

10 The Corporation may, if authorized by a resolution of the board,

establish and maintain a reserve fund for the purpose of

(

a) managing money not immediately required for the

Corporation's operating, capital or other authorized purposes,

(

b) repaying any money borrowed under

section 8.

Coming into force

11 This Regulation comes into force on January 1, 2008.

--------------------------------

Alberta Regulation 226/2007

Government Organization Act

CALGARY RESTRICTED DEVELOPMENT AREA

AMENDMENT REGULATION

Filed: November 28, 2007

For information only: Made by the Lieutenant Governor in Council (O.C. 546/2007)

on November 28, 2007 pursuant to

Schedule 5,

section 4 of the Government

Organization Act.

1 The Calgary Restricted Development Area Regulations

(AR 212/76) are amended by this Regulation.

Schedule A, describing land located in Township 22,

Range 29, West of the Fourth Meridian, is amended, with

respect to Sections 25, 26, 35 and 36, by striking out "Area

'A' on Plan 0710614" and substituting "Area 'A' on Plan 0710614;

all that portion of Area 'A' on Plan 0212503 not included on Plan

0710614".

Alberta Regulation 227/2007

Government Organization Act

EDMONTON RESTRICTED DEVELOPMENT AREA

AMENDMENT REGULATION

Filed: November 28, 2007

For information only: Made by the Lieutenant Governor in Council (O.C. 547/2007)

on November 28, 2007 pursuant to

Schedule 5,

section 4 of the Government

Organization Act.

1 The Edmonton Restricted Development Area

Regulations (AR 287/74) are amended by this Regulation.

2 Item 5 of the Schedule, describing land located in

Township 53, Range 23, West of the Fourth Meridian, is

amended by striking out

SECTIONS 16 Plans 892 0981, 022 3214 and Areas A and

& 17: B of Plan 022 4646 showing survey for descriptive

purposes of a right-of-way for a

Transportation/Utility Corridor; EXCEPTING

THEREOUT Area C of Plan 022 4646.

and substituting

SECTIONS 16 Plans 892 0981, 022 3214 and Areas A and

& 17: B of Plan 022 4646 showing survey for descriptive

purposes of a right-of-way for a

Transportation/Utility Corridor; All that area east of

Plan 892 0981, north of Plan 2743 H.W. and south of

Plan 022 3214 within the northwest quarter of

section 16; EXCEPTING THEREOUT Area C of

Plan 022 4646.

3 Item 6 of the Schedule, describing land located in

Township 52, Range 25, West of the Fourth Meridian, is

amended by striking out

SECTION 30: Lot 2, Block 60, Plan 062 0745.

and substituting

SECTION 30: Lot 2, Block 60, Plan 062 0745; All that area of Plan

882 2479 within the southeast quarter of

section 30;

All that area of the original government road

allowance (199 Street) lying between Plan 882 2479

and Plan 062 0745.

4 Item 9 of the Schedule, describing land located in

Township 51, Range 24, West of the Fourth Meridian, is

amended by striking out

SECTIONS 29 Plan 882 2409 showing survey for descriptive

& 30: purposes of a right-of-way for a

Transportation/Utility Corridor; All that area within

LSDs 14, 15 and 16 of

section 29; All that area north

of Plan 882 2409, including Blocks A and B of Plan

5306 K.S.; Area C of Plan 022 0252; EXCEPTING

THEREOUT Plans 4637 E.O., 1136 H.W.,

932 1472, 942 1206, Areas B, D and E on Plan

942 3984, Plan 002 4386; Areas A and B of Plan

022 0252; Plan 022 6042; Plan 992 2396; All that

portion of Road Plan 2312 E.T. lying north and

northeast of Plan 992 2396.

and substituting

SECTIONS 29 Plan 882 2409 showing survey for descriptive

& 30: purposes of a right-of-way for a

Transportation/Utility Corridor; All that area within

LSDs 14, 15 and 16 of

section 29; All that area north

of Plan 882 2409, including Blocks A and B of Plan

5306 K.S.; Area C of Plan 022 0252; All that area

within the original government road allowance (111

Street) lying south of Plan 882 2409 and north of the

projection easterly of the north limit of MacEwan

Road as shown on Plan 022 6042; EXCEPTING

THEREOUT Plans 4637 E.O., 1136 H.W.,

932 1472, 942 1206, Areas B, D and E on Plan

942 3984, Plan 002 4386; Areas A and B of Plan

022 0252; Plan 022 6042; Plan 992 2396; All that

portion of Road Plan 2312 E.T. lying north and

northeast of Plan 992 2396.

5 Item 10 of the Schedule, describing land located in

Township 51, Range 25, West of the Fourth Meridian, is

amended by striking out

SECTIONS Plan 882 2894 showing survey for descriptive

25 & 26: purposes of a right-of-way for a

Transportation/Utility Corridor; All that area of

Block 3 of Plan 822 0275 northwest of Plan

882 2894 within the northeast quarter of

section 25;

Plans 052 5764 and 052 5117; EXCEPTING

THEREOUT Plans 942 1206, 002 0909 and

022 6075.

and substituting

SECTIONS Plan 882 2894 showing survey for descriptive

25 & 26: purposes of a right-of-way for a

Transportation/Utility Corridor; All that area of

Block 3 of Plan 822 0275 northwest of Plan

882 2894 within the northeast quarter of

section 25;

Plans 052 5764 and 052 5117; EXCEPTING

THEREOUT Plans 942 1206, 002 0909, 022 6075,

072 1202 and 072 2548.

--------------------------------

Alberta Regulation 228/2007

Financial Administration Act

FUNDS AND AGENCIES EXEMPTION AMENDMENT REGULATION

Filed: November 28, 2007

For information only: Made by the Lieutenant Governor in Council (O.C. 548/2007)

on November 28, 2007 pursuant to

section 2 of the Financial Administration Act.

1 The Funds and Agencies Exemption Regulation

(AR 128/2002) is amended in

Schedule B by adding "Alberta

Investment Management Corporation" after "Agriculture Financial

Services Corporation".

--------------------------------

Alberta Regulation 229/2007

Personal Property Security Act

PERSONAL PROPERTY SECURITY AMENDMENT REGULATION

Filed: November 28, 2007

For information only: Made by the Lieutenant Governor in Council (O.C. 549/2007)

on November 28, 2007 pursuant to

section 73 of the Personal Property Security Act.

1 The Personal Property Security Regulation (AR 95/2001)

is amended by this Regulation.

Section 4 is repealed.

Section 9 is amended

(

a) in subsection (1)

(

i) by striking out "signed" and substituting

"approved";

(ii) in clause (

a) by striking out "sign" and

substituting "act";

(

b) by repealing subsection (2) and substituting the

following:

(2) The transmitting party may register a financing statement

or financing change statement without requiring proof that the

person approving it had the authority to do so.

(

c) by repealing subsection (3).

4 Sections 10 and 11 are repealed.

Section 12 is repealed and the following is substituted:

Manner of completing forms

12 The information required or permitted by this Regulation to be

set out on a prescribed form submitted for registration in the

Registry must not contain any punctuation marks or symbols other

than those set out in

Schedule 1.

6 Sections 13 and 14 are repealed.

Section 17(4) is repealed.

Section 18 is repealed and the following is substituted:

Re-registration after lapse or discharge

18(1) A secured party may re-register a security interest pursuant

section 35(7) of the Act by registering a financing statement.

(2) Where a financing statement is to be registered under

subsection (1), the secured party must, in the area for "Particulars",

select the heading "Additional Information" and specify

(

a) that the registration is a re-registration pursuant to

section 35(7) of the Act, and

(

b) the registration number of the registration that lapsed or

was discharged.

Section 19 is amended by repealing clauses (

a) and (

b) and substituting the following:

(

a) an individual, or

(

b) an artificial body.

Section 23 is repealed.

Section 24 is amended

(

a) in subsection (1) by adding "Additions and Changes -"

before "Court Order, Other Changes and Additional

Information";

(b) subsection (2) is repealed and the following is

substituted:

(2) A secured party referred to in subsection (1) must, in the area

for "Particulars", select the heading "Additional Information"

and specify

(a) "Further information relating to name or address:",

(

b) the name of the party for whom the name or address

information is incomplete, as that name appears on the

financing statement or financing change statement,

(

c) whether the party referred to in clause (

b) is a debtor or

a secured party,

(

d) whether the incomplete information relates to name or

to address, and

(

e) the name or address information required.

Section 35(1) is amended by repealing clause (

d) and

substituting the following:

(

d) the appropriate category of collateral as set out in

Schedule

Section 38 is repealed.

Section 39 is repealed and the following is substituted:

Court orders, etc.

39 Where a financing statement is submitted in respect of a court

order or receiver's report that is an initial registration, the secured

party must, in the area for "Particulars", select the heading "Court

Order" and specify

(

a) the Court,

(

b) the date and court file number of the order,

(

c) the judicial district out of which it was issued, and

(

d) its effect.

Section 43(

b) is repealed and the following is

substituted:

(

b) in the area for "Particulars", select the heading "Court Order"

and specify

(

i) the Court,

(ii) the date and court file number of the court order,

(iii) the judicial district out of which the court order is

issued, and

(iv) the effect of that court order.

Section 44 is repealed and the following is substituted:

Subordinations

44 Where a financing statement or financing change statement is

submitted in respect of a subordination, the secured party must, in

the area for "Particulars", select the heading "Other Changes" and

set out

(

a) the registration number of the registration to which the

security interest is being subordinated, or where the

security interest is being subordinated to an interest not

registered in the Registry, a description of the interest,

and

(

b) a description of the collateral to which the subordination

applies, if the subordination applies to only part of the

collateral.

Section 47(

d) is repealed and the following is

substituted:

(

d) in the area for "Particulars", select the heading "Other

Changes" and set out the extent of the interest for the

collateral being transferred and the names of the transferor

and transferee.

18 Sections 48 and 49 are repealed and the following is

substituted:

Trust indentures

48 Where a financing change statement is submitted to disclose

that a consolidated registration relates to or no longer relates to a

security interest arising under a trust indenture, the secured party

must, in the area for "Particulars",

(

a) select the heading "Other Changes", and

(

b) state that the consolidated registration relates to or that

the consolidated registration no longer relates to a

security interest arising under the trust indenture.

Section 52 is repealed and the following is substituted:

Seizure of security interest

52 For the purpose of registering a notice of seizure of a security

interest pursuant to

section 51 of the Civil Enforcement Act, the

secured party must complete a financing change statement and, in

the area for "Particulars", select the heading "Other Changes" and

specify

(

a) that seizure of a specified security interest has been

made,

(

b) the name of the enforcement debtor, and

(

c) the name of the enforcement creditor.

Section 54(1) is amended by striking out "and may sign

the financing statement or financing change statement as the secured

party".

Section 55(1) is amended by adding "or other methods

approved by the Registrar" after "ordinary mail".

22 Sections 57, 59 and 62 are repealed.

Section 70 is amended by striking out "June 30, 2008"

and substituting "November 30, 2012".

Schedule 1 is repealed and the following is substituted:

Schedule 1

Character

Comment

Used in

Name

Fields*

Used in

Paragraph

Fields**

Used in

Other

Fields***

a-z, A-Z

Letters of the

Alphabet of the

Language

Yes

Yes

Yes

0-9

Arabic

Numerals

Yes

Yes

Yes

Blanks

Yes

Yes

Yes

Exclamation

Mark

Yes

Double Quote

Yes

Yes

Yes

Pound Sign

Yes

Yes

Yes

Dollar Sign

Yes

Yes

Yes

Percent

Yes

Yes

Yes

Ampersand

Yes

Yes

Yes

Apostrophe

Yes

Yes

Yes

Left Round

Parenthesis

Yes

Yes

Yes

Right Round

Parenthesis

Yes

Yes

Yes

Asterisk

Yes

Yes

Yes

Plus

Yes

Yes

Yes

Comma

Yes

Yes

Yes

Period

Yes

Yes

Yes

Hyphen

Yes

Yes

Yes

Slash

Yes

Yes

Yes

Colon

Yes

Yes

Yes

Semicolon

Yes

Yes

Yes

Greater Than

Yes

Document details

CollectionAlberta — Gazette
Citation15 December 2007
Typegazette
Volume / chapter23 Dec15 Part2
Languageen
Formathtml
SourcePROVINCIAL
Identifierf0c69ef5d5e359a6d5a312ff2f2e605293532772

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