AR 250/96 ALBERTA SCHOOL FOUNDATION FUND REGULATION (Consolidated up to 223/2006)
ALBERTA REGULATION 250/96
School Act
ALBERTA SCHOOL FOUNDATION FUND REGULATION
Table of Contents
                1       Definitions
                2       Application
                3       Time of payment                 4       Review
                5       Repeal
Definitions
1   In this Regulation,
                                 (a)    “Act” means the School Act;
                                 (b)    “eligible student” means a student who
                                           (i)    on September 30 meets the requirements of section 8(1)(b) of the Act,
                                          (ii)    either has a parent who ordinarily resides in Alberta or is an independent student who ordinarily resides in Alberta,
                                         (iii)    is enrolled in and is attending a school operated by a board,
                                         (iv)    is at least 5 years 6 months but less than 20 years of age on September 1 of the year in which the student is counted,
                                          (v)    is not a student enrolled in a home education program,
                                         (vi)    is not a child to whom an early childhood services program is being provided pursuant to section 30(1)(a) of the Act, and
                                        (vii)    is not an Indian residing on a reserve pursuant to the Indian Act (Canada);
                                 (c)    “Fund” means the Alberta School Foundation Fund established under section 172 of the Act.
AR 250/96 s1;251/2001
Application
2   This Regulation applies to payments made from the Fund to a board for each eligible student.
Time of payment
3(1)  The Minister may, in making payments to a board, under section 176(1) of the Act pay a portion of those payments to the board on the 15th day or next following banking day of each month.
(2)  A board that is required to make payments to the Fund under section 176(5) of the Act shall make those payments on or before the first banking day of each of October, January, April and July.
(3)  A board that receives advances from the Minister against the requisition to be received from a municipality shall repay those advances on or before the last banking day of each of September, December, March and June.
AR 250/96 s3;166/2001;251/2001
Review
4   For the purpose of ensuring this Regulation is reviewed for ongoing relevancy and necessity, with the option that it may be re‑enacted in its present form following a review, this Regulation expires on September 30, 2016.
AR 250/96 s4;166/2001;223/2006
Repeal
5   The Alberta School Foundation Fund 1994-95 Regulation (Alta. Reg. 231/94) is repealed.