Alberta Regulation 183/2001

Municipal Government Act

TRANSITIONAL REGULATION

Filed: September 20, 2001

Made by the Minister of Municipal Affairs (M.O. L:145/01) on September 17,

2001 pursuant to

section 710 of the Municipal Government Act.

Continuation of lease on tax recovery land

1 If, before January 1, 1995,

(

a) a tax recovery notification was registered against a parcel of

land by the Registrar of the proper land titles office under

section 4(1)

of the Tax Recovery Act, RSA 1980 cT-1, and

(

b) a lease, licence or permit was granted by the municipality or a

member of the Executive Council of Alberta in respect of the parcel,

the lease, licence or permit continues until the term specified in it

expires.

Application of new Act to investments

2(1)

Section 250 of the Municipal Government Act, SA 1994 cM-26.1, does

not apply to investments made by a municipality before January 1, 1995

under the Municipal Government Act, RSA 1980 cM-26.

(2) Money from an investment referred to in subsection (1) that was

invested on or after January 1, 1995 is subject to

section 250 of the

Municipal Government Act, SA 1994 cM-26.1.

Repeal

3 The Transitional Regulation (AR 372/94) is repealed.

Expiry

4 For the purpose of ensuring that this Regulation is reviewed for

ongoing relevancy and necessity, with the option that it may be repassed in

its present or an amended form following a review, this Regulation expires

on August 31, 2006.