1. The council of any local municipality may, notwithstanding any inconsistent provisions of any general or special Act, pass a by-law or by-laws providing for the contribution by such municipality to the expense of safeguarding, whether by the erection and maintenance of gates or the construction of tunnels or overhead bridges or other like devices, the approaches to a railway which crosses on the level any public road which the municipality is interested in protecting within its territory or within a distance of 8 km therefrom; and may, for the purposes of such contribution, by the same or by another by-law, borrow money and issue the bonds or debentures therefor.
R. S. 1964, c. 181, s. 1; 1984, c. 47, s. 213; 1996, c. 2, s. 27.