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I-0.1 - Act respecting municipal industrial immovables

Section 4
Disposition versions

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4. In order to provide for expenditures incurred as a result of a by-law adopted under section 2, the municipality may, in the by-law, order a loan, allocate sums of money from its general fund, borrow money from its working fund, so long as the term of repayment does not exceed 10 years, or impose a special tax to be levied in the year following the date on which the by-law comes into force.
1984, c. 10, s. 4; 1989, c. 60, s. 4; 1994, c. 34, s. 4; 1999, c. 59, s. 36; 2005, c. 50, s. 72.
4. In order to provide for expenditures incurred as a result of a by-law adopted under section 2, the municipality may, in the by-law, order a loan, allocate sums of money from its general fund, borrow money from its working fund, so long as the term of repayment does not exceed five years, or impose a special tax to be levied in the year following the date on which the by-law comes into force.
1984, c. 10, s. 4; 1989, c. 60, s. 4; 1994, c. 34, s. 4; 1999, c. 59, s. 36.
4. In order to provide for expenditures incurred as a result of a by-law adopted under section 2, the municipality may, in the by-law, order a loan, allocate sums of money from its general fund or impose a special tax to be levied in the year following the date on which the by-law comes into force.
1984, c. 10, s. 4; 1989, c. 60, s. 4; 1994, c. 34, s. 4.
4. In order to provide for expenditures incurred as a result of a by-law adopted under section 2, the municipality may, in the by-law, order a loan, allocate sums of money from its general fund or impose a special tax to be levied in the year following the date on which the by-law comes into force.
Upon approval of the by-law, the amount of the expenditure is subtracted from the amount fixed under section 1.
1984, c. 10, s. 4; 1989, c. 60, s. 4.
4. To provide for the expenditures incurred for an acquisition under this Act, the municipal corporation may, in the by-law mentioned in section 2, order a loan, allocate sums of money from its general fund or impose a special tax to be levied in the year following the date on which the by-law comes into force.
Upon approval of the by-law, the amount of the expenditure is subtracted from the amount fixed under section 1.
1984, c. 10, s. 4.
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