A scholarship trust formed in Alberta using surplus Canadian Wheat Board money will shift to oversight by the province’s Heritage Scholarship Fund.
The provincial government announced the move last week as it released a list of obsolete legislation it plans to repeal.
Among that legislation is the Wheat Board Money Trust Act, which set up a board of trustees to oversee the administration of a $112,000 fund.
The trust, made up of “monies received from the government of Canada in the 1920s from surplus Canadian Wheat Board funds,” today remains at about $120,000 and is used to provide scholarships totalling about $5,000 per year.
The money will shift to the Alberta Heritage Scholarship Fund, the province said Nov. 6. It will then continue to be used to fund scholarships for students in post-secondary agriculture programs.
Among the 24 other acts and statutes slated for repeal are:
the Crop Liens Priorities Act, in which one remaining provision establishes a crop lien in favour of the Agriculture Financial Services Corp. (AFSC) as the “priority recipient” of any claims or liens on any amount payable to them for crop insurance. That Act duplicates a provision in the Agriculture Financial Services Act, thus is not required, the province said.
the Alberta Wheat and Barley Test Market Act, introduced as a private member’s bill in 2001 as a way to “break the monopsony of the Canadian Wheat Board,” which instead was broken last year by federal Bill C-18.
the Stray Animals Amendment Act of 2005, in which two provisions map out the form of publication of information in a notice when livestock are impounded. Livestock Identification Services (LIS), which administers the program, has its own set of forms and processes to notify animal owners so “there is no need for this to be further regulated,” the province said.
While some Alberta statutes up for repeal duplicate more up-to-date legislation, the government also plans to pull some laws such as its Masters and Servants Act, which “serves no purpose in the modern legal environment, as it has essentially been replaced by the Employment Standards Code.”