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C-27.1 - Municipal Code of Québec

Section 1093.1
Disposition versions

Full text
1093.1. (Repealed).
1984, c. 38, s. 88; 1992, c. 27, s. 62; 1996, c. 2, s. 455; 1999, c. 43, s. 13; 2003, c. 19, s. 250; 2004, c. 20, s. 117; 2005, c. 28, s. 196; 2009, c. 26, s. 109; 2017, c. 13, s. 113.
1093.1. A municipality which incurs expenses in respect of all or any part of which payment of a subsidy by the Government or one of its ministers or agencies is assured may, by by-law requiring the approval of only the Minister of Municipal Affairs, Regions and Land Occupancy, order a loan for an amount not exceeding the amount of the subsidy and for a term corresponding to the period fixed for the payment of the subsidy.
For the purposes of the first paragraph, the amount of the loan is deemed not to exceed that of the subsidy if the amount by which the former exceeds the latter is not greater than 10% and corresponds to the amount needed to pay the interest on the temporary loan contracted and the financing expenses related to the securities issued.
1984, c. 38, s. 88; 1992, c. 27, s. 62; 1996, c. 2, s. 455; 1999, c. 43, s. 13; 2003, c. 19, s. 250; 2004, c. 20, s. 117; 2005, c. 28, s. 196; 2009, c. 26, s. 109.
1093.1. A municipality which incurs expenses in respect of all or any part of which payment of a subsidy by the Government or one of its ministers or agencies is assured may, by by-law requiring the approval of only the Minister of Municipal Affairs and Regions, order a loan for an amount not exceeding the amount of the subsidy and for a term corresponding to the period fixed for the payment of the subsidy.
For the purposes of the first paragraph, the amount of the loan is deemed not to exceed that of the subsidy if the amount by which the former exceeds the latter is not greater than 10% and corresponds to the amount needed to pay the interest on the temporary loan contracted and the financing expenses related to the securities issued.
1984, c. 38, s. 88; 1992, c. 27, s. 62; 1996, c. 2, s. 455; 1999, c. 43, s. 13; 2003, c. 19, s. 250; 2004, c. 20, s. 117; 2005, c. 28, s. 196.
1093.1. A municipality which incurs expenses in respect of all or any part of which payment of a subsidy by the Government or one of its ministers or agencies is assured may, by by-law requiring the approval of only the Minister of Municipal Affairs, Sports and Recreation, order a loan for an amount not exceeding the amount of the subsidy and for a term corresponding to the period fixed for the payment of the subsidy.
For the purposes of the first paragraph, the amount of the loan is deemed not to exceed that of the subsidy if the amount by which the former exceeds the latter is not greater than 10 % and corresponds to the amount needed to pay the interest on the temporary loan contracted and the financing expenses related to the securities issued.
1984, c. 38, s. 88; 1992, c. 27, s. 62; 1996, c. 2, s. 455; 1999, c. 43, s. 13; 2003, c. 19, s. 250; 2004, c. 20, s. 117.
1093.1. A municipality which incurs expenses in respect of all or any part of which payment of a subsidy by the Government or one of its ministers or agencies is assured may, by by-law requiring the approval of only the Minister of Municipal Affairs, Sports and Recreation, order a loan for an amount not exceeding the amount of the subsidy and for a term corresponding to the period fixed for the payment of the subsidy.
1984, c. 38, s. 88; 1992, c. 27, s. 62; 1996, c. 2, s. 455; 1999, c. 43, s. 13; 2003, c. 19, s. 250.
1093.1. A municipality which incurs expenses in respect of all or any part of which payment of a subsidy by the Government or one of its ministers or agencies is assured may, by by-law requiring the approval of only the Minister of Municipal Affairs and Greater Montréal, order a loan for an amount not exceeding the amount of the subsidy and for a term corresponding to the period fixed for the payment of the subsidy.
1984, c. 38, s. 88; 1992, c. 27, s. 62; 1996, c. 2, s. 455; 1999, c. 43, s. 13.
1093.1. A municipality which incurs expenses in respect of all or any part of which payment of a subsidy by the Government or one of its ministers or agencies is assured may, by by-law requiring the approval of only the Minister of Municipal Affairs, order a loan for an amount not exceeding the amount of the subsidy and for a term corresponding to the period fixed for the payment of the subsidy.
1984, c. 38, s. 88; 1992, c. 27, s. 62; 1996, c. 2, s. 455.
1093.1. A corporation which incurs expenses in respect of all or any part of which payment of a subsidy by the Government or one of its ministers or agencies is assured may, by by-law requiring the approval of only the Minister of Municipal Affairs, order a loan for an amount not exceeding the amount of the subsidy and for a term corresponding to the period fixed for the payment of the subsidy.
1984, c. 38, s. 88; 1992, c. 27, s. 62.
1093.1. A corporation which causes works subsidized in whole or in part by the Government or one of its ministers or agencies to be carried out may, by by-law requiring the approval of only the Minister of Municipal Affairs, order a loan for an amount not exceeding the amount of the subsidy and for a term corresponding to the period fixed for the payment of the subsidy.
1984, c. 38, s. 88.
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