103. Notwithstanding any contrary provision of any general law, special Act, regulation, by-law or order, no member of the council of the local corporation may receive from the latter and a body that is its mandatary, as remuneration and allowance for expenses for the office of mayor or councillor and for an office in that body, a total annual sum greater than(1) $50 000 in the case of the mayor,
(2) $16 667 in the case of a councillor.
Articles 97 and 98 apply, mutatis mutandis, to the amounts mentioned in the first paragraph.
Where the total annual sum that a member of the council would receive from the local corporation and its mandatary body if the first and second paragraphs did not apply exceeds the maximum fixed in those paragraphs, each component of that total sum is proportionately decreased to render the total equal to that maximum.
For the purposes of this article, “mandatary body of the local corporation” means:(1) a body declared by law to be the mandatary or agent of the local corporation or that is otherwise the mandatary thereof, or
(2) a body whose board of directors is composed in the majority of members of the council of the local corporation and whose budget is adopted by the corporation.
See the note at the end of this Code.