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A-7.02 - Act respecting the Agence métropolitaine de transport
Section 48
Disposition versions
48. The municipalities in the area of jurisdiction of the Agency that are situated outside the territory of the urban agglomeration of Montréal are bound to contribute to the financing of the subway for the years 2007 to 2011. The annual amount of the contribution of each municipality is determined in accordance with the agreement in principle concerning the rules for apportioning the subway deficit approved by resolution CC07-009 adopted by the council of the Communauté métropolitaine de Montréal on 22 February 2007 and attached to the resolution.
48. The municipalities in the area of jurisdiction of the Agency that are situated outside the territory of the urban agglomeration of the island of Montréal are bound to contribute to the financing of the subway for the years 2007 to 2011. The annual amount of the contribution of each municipality is determined in accordance with the agreement in principle concerning the rules for apportioning the subway deficit approved by resolution CC07-009 adopted by the council of the Communauté métropolitaine de Montréal on 22 February 2007 and attached to the resolution.
48. The Government may, after consulting the Agency, establish rules governing the apportionment, among the public transit operating authorities designated by the Government, of the amount of debt service attributable to the subway system, after deduction of all subsidies received to defray that amount in whole or in part and of all interest earned on the investments of a reserve fund established to guarantee debt service payments.
