561.1. The by-law ordering a loan contemplated in section 561 must be submitted for approval to the Minister of Municipal Affairs and to the qualified voters of the concerned part of the territory of the municipality or, as the case may be, that which comprises the aggregate of the immovables of those who benefit therefrom.
For the purposes of the Act respecting elections and referendums in municipalities (chapter E-2.2), such part of the territory of the municipality is the sector concerned.
This section has effect notwithstanding any inconsistent provision of any charter or special Act, unless such charter or Act dispenses with the formality of approval by the qualified voters.
1987, c. 57, s. 724; 1996, c. 2, s. 203.