C-19 - Cities and Towns Act
101. The treasurer shall not, nor shall any other officer or employee of the municipality, under a penalty of $20 for each offence,—
(1) grant a discharge to any person indebted to the municipality, without having received payment for such debt, either in cash or in an accepted bank cheque;
(2) lend, directly or indirectly, by himself or by others, to any person, moneys belonging to the municipality.
R. S. 1964, c. 193, s. 97; 1968, c. 55, s. 5.