60. The Agency shall prepare and adopt an operating budget each year. The Agency’s budget shall be submitted to the council of the Communauté métropolitaine de Montréal for approval not later than 15 November.
Notwithstanding the absence of approval by the council of the Communauté métropolitaine de Montréal, the budget of the Agency shall come into force on the following 1 January.
Not later than 10 October each year, the Agency shall transmit, to each public transit operating authority and to each municipality whose territory is outside the territory of a transit authority, a notice setting out the fares that will be effective during the period covered by its next budget.
1995, c. 65, s. 60; 2000, c. 56, s. 89.