116. From 1 January 1970 the municipalities in the territory of the Community, Schedule A, shall not avail themselves of the Industrial Funds Act (chapter F-4) except for the power of such municipalities to avail themselves of the provisions other than sections 2 and 3 of the said act.
From that date, such municipalities shall not set aside public funds for industrial promotion except in relation to the powers which remain theirs according to the preceding paragraph as regards the execution of agreements with third persons prior to 1 January 1970.
1969, c. 83, s. 148; 1971, c. 88, s. 23.