306.14.1. Part of the loan, not exceeding 5 % of the amount of the expenditure authorized by the loan by-law in force, may be reserved for the repayment to the general fund of the Société of all or part of the sums expended, before the passage of the loan by-law, in connection with the object of the by-law.
That part of the loan must be specified in the by-law.
1995, c. 71, s. 59; 1999, c. 40, s. 68.