S-25 - Agricultural Societies Act

Full text
42. No portion of the moneys belonging to such a society shall be employed in the payment of any salary or allowance, but the secretary-treasurer may be allowed a sum not exceeding 10% of the gross receipts, provided that such sum does not exceed $500, in the place and stead of any salary.
The special grants shall not be taken into account in the calculation of gross receipts.
R. S. 1964, c. 112, s. 42.