466.3. The municipality shall make an annual contribution in support of the local development centre referred to in section 466.2 by the payment of a sum the amount of which shall be determined by a by-law it adopts or according to rules prescribed in the by-law.
If there is no such by-law in force at the time of adoption of the budget of the municipality for a fiscal year, the amount of the sum required to be paid by the municipality for the fiscal year is the amount determined in accordance with the regulation under the third paragraph.
The Government may, by regulation, prescribe the rules for the determination of the amount of the sum that the municipality is required to pay in the circumstance described in the second paragraph. The regulation may prescribe separate rules for each municipality referred to in section 466.2.
In the case of Ville de Montréal, where several local development centres carry on their activities in the territory of the municipality, the by-law provided for in the first paragraph shall prescribe rules for the apportionment of the sum among those centres.
The second and third paragraphs do not apply to Ville de Laval.
1997, c. 53, s. 4; 1997, c. 93, s. 56; 1997, c. 91, s. 50; 1998, c. 31, s. 18; 2002, c. 77, s. 35.