C-27.1 - Municipal Code of Québec

Section 97 Disposition versions

1988-06-17

97. (Repealed).

1980, c. 16, s. 37; 1983, c. 57, s. 2; 1988, c. 30, s. 34.

0001-01-01

97. The amounts of money provided for in articles 94 to 96 are increased, where applicable, for each fiscal period of the local corporation, in accordance with the following paragraphs.

The amounts are adjusted on 1 January every year in accordance with the rate of increase in the Consumer Price Index for Canada established by Statistics Canada.

The rate of increase is established on the basis of the Consumer Price Index for Canada for the month preceding the adjustment, reduced by the Consumer Price Index for Canada for the same month of the preceding year, divided by this last Consumer Price Index.

Where the product of the computation contemplated in the second paragraph applied to an amount per inhabitant is a number that includes a decimal fraction, only the first three digits after the decimal marker are retained. Where the product of that computation applied to any other amount is not a multiple of 10, it is rounded off to the nearest multiple of 10.

An amount applicable for a particular fiscal period must not be less than the amount applicable for the preceding period, nor exceed it by more than 6 percent.

1980, c. 16, s. 37; 1983, c. 57, s. 2.