C-47.1 - Municipal Powers Act

Full text
95.2. A local municipality may enter into an agreement with any other local municipality respecting the sharing of certain revenues derived from the general property tax, from a tax imposed under section 500.1 of the Cities and Towns Act (chapter C-19) or article 1000.1 of the Municipal Code of Québec (chapter C-27.1) or from dues charged under section 500.6 of that Act or article 1000.6 of that Code.
The agreement must contain
(1)  a detailed description of its purpose;
(2)  the terms governing the sharing of the revenues between the municipalities that are parties to the agreement;
(3)  a statement regarding the duration of the agreement and, if applicable, the terms governing its renewal.
The agreement may also, for the purposes of the carrying out of its object, provide for the establishment of a fund. It must then include the terms governing the establishment, administration and use of the fund.
If the revenues are derived from dues, the agreement must provide for the establishment of a fund referred to in the third paragraph, which fund must be exclusively intended to receive such revenues and help fund the regulatory regime for which the dues are collected.
2023, c. 33, s. 35.