S-30.01 - Act respecting public transit authorities

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124.1. A transit authority may adopt by-laws relating to the administration of its finances.
However, to ensure the sound administration of those finances, it must adopt a budget control and monitoring by-law that provides in particular for a means to guarantee the availability of appropriations before any decision authorizing an expenditure is made; the means may vary depending on the authority authorizing the expenditures or on the type of expenditures proposed.
2006, c. 31, s. 109.