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T-3 - Meals and Hotels Tax Act

Section 10
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10. (Repealed).
1974, c. 22, s. 1; 1978, c. 32, s. 1; 1979, c. 72, s. 392; 1979, c. 72, s. 394.
10. In order to assist in the financing of municipalities having a population of at least 150,000 inhabitants, according to the last census made under section 18 of the Statistics Act (Statutes of Canada), each of such municipalities is entitled, for each fiscal year from 1 April 1978, to a subsidy payable out of the consolidated revenue fund equal to 58.60 per cent of the tax collected in its territory under this act during the same fiscal year.
1974, c. 22, s. 1; 1978, c. 32, s. 1.
The replacement of section 10 of this act by section 1 of chapter 32 of the statutes of 1978 has effect from 1 April 1978. (1978, c. 32, s. 3).
10. In order to assist in the financing of municipalities having a population of at least 150,000 inhabitants, according to the last census made under section 18 of the Statistics Act (Statutes of Canada), each of such municipalities is entitled, for each fiscal year from 1 April 1974, to a subsidy payable out of the consolidated revenue fund equal to 50% of the tax collected in its territory under this act during the same fiscal year.
1974, c. 22, s. 1.
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