C-19 - Cities and Towns Act

Full text
466.1. (Repealed).
1996, c. 27, s. 19; 1999, c. 43, s. 13; 2000, c. 56, s. 223; 2003, c. 19, s. 250; 2004, c. 20, s. 98; 2005, c. 6, s. 194.
466.1. Notwithstanding the Municipal Aid Prohibition Act (chapter I‐15), every municipality whose territory is not situated within the territory of a regional county municipality may, by by-law, give or lend money to an investment fund intended to provide financial support to enterprises in a start-up or developmental phase that are situated in its territory.
The fund must be administered by a non-profit organization established for that purpose.
The by-law must indicate the maximum contribution, not to exceed $500,000, that the municipality may make to the fund.
1996, c. 27, s. 19; 1999, c. 43, s. 13; 2000, c. 56, s. 223; 2003, c. 19, s. 250; 2004, c. 20, s. 98.
466.1. Notwithstanding the Municipal Aid Prohibition Act (chapter I‐15), every municipality whose territory is not situated within the territory of a regional county municipality may, by by-law, give or lend money to an investment fund intended to provide financial support to enterprises in a start-up or developmental phase that are situated in its territory.
The fund must be administered by a non-profit organization established for that purpose and accredited by the Minister of Municipal Affairs, Sports and Recreation.
The by-law must indicate the maximum contribution, not to exceed $500,000, that the municipality may make to the fund.
1996, c. 27, s. 19; 1999, c. 43, s. 13; 2000, c. 56, s. 223; 2003, c. 19, s. 250.
466.1. Notwithstanding the Municipal Aid Prohibition Act (chapter I‐15), every municipality whose territory is not situated within the territory of a regional county municipality may, by by-law, give or lend money to an investment fund intended to provide financial support to enterprises in a start-up or developmental phase that are situated in its territory.
The fund must be administered by a non-profit organization established for that purpose and accredited by the Minister of Municipal Affairs and Greater Montréal.
The by-law must indicate the maximum contribution, not to exceed $500,000, that the municipality may make to the fund.
1996, c. 27, s. 19; 1999, c. 43, s. 13; 2000, c. 56, s. 223.
466.1. Notwithstanding the Municipal Aid Prohibition Act (chapter I‐15), every municipality whose territory is not comprised in that of a regional county municipality or in that of an urban community may, by by-law, give or lend money to an investment fund intended to provide financial support to enterprises in a start-up or developmental phase that are situated in its territory.
The fund must be administered by a non-profit organization established for that purpose and accredited by the Minister of Municipal Affairs and Greater Montréal.
The by-law must indicate the maximum contribution, not to exceed $500,000, that the municipality may make to the fund.
1996, c. 27, s. 19; 1999, c. 43, s. 13.
466.1. Notwithstanding the Municipal Aid Prohibition Act (chapter I-15), every municipality whose territory is not comprised in that of a regional county municipality or in that of an urban community may, by by-law, give or lend money to an investment fund intended to provide financial support to enterprises in a start-up or developmental phase that are situated in its territory.
The fund must be administered by a non-profit organization established for that purpose and accredited by the Minister of Municipal Affairs.
The by-law must indicate the maximum contribution, not to exceed $500,000, that the municipality may make to the fund.
1996, c. 27, s. 19.