C-37.1 - Act respecting the Communauté urbaine de l’Outaouais

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187. For the purposes of the adoption of the transit authority’s budget for the next fiscal year, the treasurer shall, not later than 15 October each year, determine in a certificate the appropriations he considers necessary for the expenditures incurred in respect of the interest on securities issued or to be issued by the transit authority, to repay or redeem such securities, to establish their sinking funds, to cover any other charge related to the debt of the transit authority and to assume the obligations of the transit authority arising from collective agreements or from its by-laws, or arising under regulatory or legislative provisions. However, amounts required in principal, interest and accessories which concern renewable loans falling due during that fiscal year shall not be included.
1969, c. 85, s. 238; 1990, c. 85, s. 79; 1999, c. 40, s. 67; 1999, c. 90, s. 12.
187. For the purposes of the adoption of the transit authority’s budget for the next fiscal year, the treasurer shall, not later than 15 October each year, determine in a certificate the appropriations he considers necessary to pay the interest on securities issued or to be issued by the transit authority, to repay or redeem such securities, to establish their sinking funds, to cover any other charge related to the debt of the transit authority and to make any payment required by collective agreements or regulatory or legislative provisions. However, amounts required in principal, interest and accessories which concern renewable loans falling due during that fiscal year shall not be included.
1969, c. 85, s. 238; 1990, c. 85, s. 79; 1999, c. 40, s. 67.
187. For the purposes of the adoption of the Corporation’s budget for the next fiscal year, the treasurer shall, not later than 15 October each year, determine in a certificate the appropriations he considers necessary to pay the interest on securities issued or to be issued by the Corporation, to repay or redeem such securities, to establish their sinking funds, to cover any other charge related to the debt of the Corporation and to make any payment required by collective agreements or regulatory or legislative provisions. However, amounts required in principal, interest and accessories which concern renewable loans falling due during that fiscal year shall not be included.
1969, c. 85, s. 238; 1990, c. 85, s. 79.
187. The Transit Commission shall prepare each year its budget for the ensuing fiscal year and deposit it with the secretary of the Community before 1 October.
1969, c. 85, s. 238.