1011. A local corporation may, by by-law, on the conditions it determines and in that part of its territory that is designated as its “central sector” under a special planning program, grant a subsidy for the construction, reconstruction, renovation, conversion, restoration, enlargement, relocation, removal, development, re-development or demolition of any immovable property, or for alterations in the connection of electric power lines and accessories. The amount of the subsidies may in no case exceed the actual cost of the work.
1983, c. 57, s. 29; 1985, c. 27, s. 67.