C-37.2 - Act respecting the Communauté urbaine de Montréal

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22.1. The Council may, by by-law, provide for the payment by the Community of a transition allowance to any person who ceases to hold office as chairman of the executive committee after having held office as such during not less than 24 months preceding the end of his term.
The amount of the allowance is equal to the product obtained by multiplying the amount of the person’s bi-monthly remuneration at the date of the end of his term by the number of full years during which he held office as chairman of the executive committee; the amount of the allowance is increased by that part of his bi-monthly remuneration that is proportional to any part of a year during which he held office as chairman of the executive committee beyond the full years. The amount of the allowance shall not exceed four times his bi-monthly remuneration at the date of the end of his term.
The Council shall fix the terms and conditions of payment of the allowance. It may delegate that power to the executive committee.
1988, c. 30, s. 36.