C-19 - Cities and Towns Act

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569.7. A municipality may, for the benefit of its whole territory, create a financial reserve to finance expenditures related to the supply of water or to roads.
The supply of water includes all matters related to waterworks, sewers, and, in general, water supply and water purification.
The duration of the reserve is unlimited.
2005, c. 28, s. 55; 2005, c. 50, s. 18.