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C-37.2 - Act respecting the Communauté urbaine de Montréal

Section 306.5
Disposition versions

Full text
306.5. (Replaced).
1985, c. 31, s. 25; 1991, c. 32, s. 194.
306.5. The sum representing the difference, for a given fiscal year, between the estimate and the actual amount of the operating deficit of the corporation shall be paid to the corporation by the Community, if the estimate is less than the actual amount, within thirty days of receipt by the treasurer of the Community of a certificate of the treasurer of the corporation attesting the difference.
If the actual amount is less than the estimate, the corporation shall keep the excess amount which is considered to be a revenue for the following fiscal year.
1985, c. 31, s. 25.
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