175. The council shall adopt, with or without amendment, the budget of the city for the fiscal year 2002 prepared by the transition committee.
The budget of the city shall be transmitted to the Minister of Municipal Affairs, Sports and Recreation within 30 days of its adoption by the council.
If on 1 January 2002, the budget is not adopted, 1/4 of each appropriation provided for in the budget prepared by the transition committee is deemed to be adopted. The same rule applies on 1 April, 1 July and 1 October if, on each of those dates, the budget has not yet been adopted.
The treasurer or secretary-treasurer of a municipality referred to in section 5 who is not already required to carry out section 105.4 of the Cities and Towns Act (chapter C-19), section 176.4 of the Municipal Code of Québec (chapter C-27.1) or a similar provision of the charter of the municipality is required to file, before the 2002 fiscal year budget of the city is adopted, at least the comparative statement on revenues provided for in the said section 105.4.
2000, c. 56, Sch. II, s. 175; O.C. 1309-2001, s. 24; 2001, c. 25, s. 354; 2003, c. 19, s. 250.