151. The Community has exclusive jurisdiction to promote its territory internationally so as to stimulate and attract economic growth and diversification.
The Community may, for that purpose,
(1) support the establishment of businesses in and the inflow of capital to its territory and promote the implementation of projects having significant economic impact;
(2) promote the goods and services produced within its territory on markets outside its territory;
(3) establish links with organizations whose mission is to promote its territory, and, notwithstanding the Municipal Aid Prohibition Act (chapter I-15), support them financially;
(4) establish sectoral joint action groups to define priorities for intervention.
The Community may, on the conditions it determines, entrust to an existing body or to a body it sets up for that purpose the exercise of all or part of the jurisdiction assigned to it by this section. The Community shall, on the condition it determines, grant the agency the sums required to exercise that jurisdiction.
Local municipalities whose territory is situated within the territory of the Community lose their jurisdiction to promote their territory internationally as soon as the Community exercises the jurisdiction provided for in this section.
2000, c. 34, s. 151; 2000, c. 56, s. 42.