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BOW VALLEY COMMUNITY FOUNDATION REPEAL ACT

Bill  Pr1
Mr. Westhead

BOW VALLEY COMMUNITY
FOUNDATION REPEAL ACT

Chapter 30

(Assented to May 27, 2016)

Preamble

WHEREAS the Bow Valley Community Foundation was established as a body corporate and politic by the Bow Valley Community Foundation Act, chapter 50, Statutes of Alberta, 2005;

WHEREAS the Bow Valley Community Foundation is no longer active and the powers, purposes and objects of the Bow Valley Community Foundation are now carried out by another foundation;

WHEREAS the assets and liabilities of the Bow Valley Community Foundation have been transferred to the Banff Canmore Community Foundation, in the Province of Alberta; and

WHEREAS a petition has been presented requesting that the Bow Valley Community Foundation be dissolved as a body corporate and politic, and that its incorporating statute, Bow Valley Community Foundation Act, be repealed, and it is expedient to grant the payer of the petition;

THEREFORE HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows:

Repeals SA 2005 c50

1   The Bow Valley Community Foundation is hereby dissolved.

 

2   The Bow Valley Community Foundation Act, SA 2005 c50, is repealed.