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C-37.1 - Act respecting the Communauté urbaine de l’Outaouais

Section 84.6
Disposition versions

Full text
84.6. Notwithstanding the Municipal Aid Prohibition Act (chapter I-15), the Community may, by by-law, give or lend money to an investment fund intended to provide financial support to enterprises in a start-up or development phase that are situated in its territory.
The fund must be administered by a non-profit organization established for that purpose and accredited by the Minister.
The by-law must indicate the maximum contribution, not exceeding $1,000,000, that the Community may make to the fund.
1996, c. 52, s. 9.
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