C-19 - Cities and Towns Act

Full text
477. The council may adopt by-laws relating to the administration of municipal 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 funds 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.
R. S. 1964, c. 193, s. 481; 2006, c. 31, s. 22.
477. The council may make such by-laws as it may deem expedient for the management and administration of its finances, and determine by whom and subject to what formalities payments out of the funds of the municipality shall be made.
R. S. 1964, c. 193, s. 481.