F-2.1, r. 11 - Regulation respecting the equalization scheme

Section 5.1 Disposition versions

2020-07-02

5.1. Any local municipality in respect of which the following conditions are met for the current fiscal year is eligible under the third part:

(1)  is eligible under the first or second part of the equalization scheme;

(2)  its population is less than 15,000 inhabitants;

(3)  its economic health index is in the third, fourth or fifth quintile of the last economic health index list available.

A local municipality that meets the conditions in subparagraphs 1 and 2 of the first paragraph but does not have an economic health index is eligible under the third part.

For every fiscal year during which an amalgamation comes into force, the economic health index selected for a local municipality resulting from an amalgamation is the smallest and most recent available among those of each of the former municipalities whose territories have been amalgamated but it is replaced where an update of the economic health index is available for the municipality resulting from the amalgamation.

O.C. 573-2020, s. 3.