193.0.1. The board of directors shall prescribe, by by-law, the basis of apportionment, in accordance with section 193, of the amount contemplated therein, the terms and conditions for determining the aliquot shares of such amount and the terms and conditions of payment of the aliquot shares by the municipalities.
The by-law may prescribe conditions subject to which the territory of a municipality is deemed to be served by the public transit network of the transit authority other than the circulation of the vehicles of the transit authority, or may prescribe any criterion of apportionment other than those specified in section 193. In either case, the by-law must be approved by the Minister of Transport.
The by-law may also, in particular, determine the period for which the number of kilometres travelled and the number of hours spent by the vehicles of the transit authority in the territory of each municipality are to be considered and prescribe, for every situation provided for in sections 188.2 to 188.5,
(1) the date on which the data used to establish provisionally or finally the prescribed basis of apportionment are to be considered;
(2) the time limit for determining each aliquot share and for informing each municipality of it;
(3) the obligation of a municipality to pay its aliquot share in a single payment or its right to pay it in a certain number of instalments;
(4) the time limit within which each instalment must be paid;
(5) the rate of interest payable on an outstanding instalment;
(6) the adjustments that may result from the deferred coming into force of all or part of the budget of the transit authority or from the successive use of provisional and final data in determining the prescribed basis of apportionment.
Instead of fixing the rate of interest payable on an instalment which is outstanding, the by-law may provide that such rate shall be fixed by a resolution of the board of directors when the budget of the transit authority is adopted.
1991, c. 32, s. 182; 1999, c. 40, s. 67.