S-5, r. 3 - Regulation respecting the financial management of institutions and regional councils

Full text
33. Proceeds from the sale of an immovable: The board of directors of a public institution or a regional council shall identify in a specific accounting item for capital the net proceeds resulting from the alienation of an immovable; this sum and its revenues may be used for any purpose consistent with the use of capital and prescribed by the Minister.
O.C. 1127-84, s. 33.