178. Part of the loan, not exceeding 5% of the amount of the expenditure authorized by the loan by-law in force, may be reserved for repayment to the general fund of the Community of all or part of the sums expended, before the passage of the loan by-law, in connection with the object of the by-law.
That part of the loan must be specified in the by-law.
2000, c. 56, Sch. VI, s. 178.