Consolidated Statutes and Regulations Consolidated Statutes Consolidated Regulations Annual Statutes and Regulations Annual Statutes Annual Regulations Additional information Québec Official Publisher What’s new? Information note Policy of the Minister of Justice Laws: Amendments Laws: Provisions not in force Laws: Provisions brought into force Annual Statutes: PDF versions since 1996 Regulations: Amendments Annual Regulations: PDF versions since 1996 Court Decisions

D-7 - Act respecting municipal debts and loans

Section 35
Disposition versions

Full text
35. On the report of the Minister of Municipal Affairs and Land Occupancy to the effect that it is not in the interest of the municipality that the sinking fund be administered by the Minister of Finance, the Government may authorize that a fund required to redeem bonds issued or repay a loan contracted by that municipality be otherwise invested.
R. S. 1964, c. 171, s. 34; 1999, c. 43, s. 13; 2003, c. 19, s. 250; 2005, c. 28, s. 196; 2009, c. 26, s. 109; 2016, c. 7, s. 183.
35. The Government, upon the report of the Minister of Municipal Affairs, Regions and Land Occupancy to the effect that it is advisable and in the interest of the municipality that the sinking fund be deposited elsewhere than in the office of the Minister of Finance, or be otherwise invested, may authorize that the sinking fund required to redeem an issue of bonds made, or to repay a loan contracted, by that municipality, be deposited elsewhere than in the office of the Minister of Finance or be otherwise invested.
R. S. 1964, c. 171, s. 34; 1999, c. 43, s. 13; 2003, c. 19, s. 250; 2005, c. 28, s. 196; 2009, c. 26, s. 109.
35. The Government, upon the report of the Minister of Municipal Affairs and Regions to the effect that it is advisable and in the interest of the municipality that the sinking fund be deposited elsewhere than in the office of the Minister of Finance, or be otherwise invested, may authorize that the sinking fund required to redeem an issue of bonds made, or to repay a loan contracted, by that municipality, be deposited elsewhere than in the office of the Minister of Finance or be otherwise invested.
R. S. 1964, c. 171, s. 34; 1999, c. 43, s. 13; 2003, c. 19, s. 250; 2005, c. 28, s. 196.
35. The Government, upon the report of the Minister of Municipal Affairs, Sports and Recreation to the effect that it is advisable and in the interest of the municipality that the sinking-fund be deposited elsewhere than in the office of the Minister of Finance, or be otherwise invested, may authorize that the sinking-fund required to redeem an issue of bonds made, or to repay a loan contracted, by that municipality, be deposited elsewhere than in the office of the Minister of Finance or be otherwise invested.
R. S. 1964, c. 171, s. 34; 1999, c. 43, s. 13; 2003, c. 19, s. 250.
35. The Government, upon the report of the Minister of Municipal Affairs and Greater Montréal to the effect that it is advisable and in the interest of the municipality that the sinking-fund be deposited elsewhere than in the office of the Minister of Finance, or be otherwise invested, may authorize that the sinking-fund required to redeem an issue of bonds made, or to repay a loan contracted, by that municipality, be deposited elsewhere than in the office of the Minister of Finance or be otherwise invested.
R. S. 1964, c. 171, s. 34; 1999, c. 43, s. 13.
35. The Government, upon the report of the Minister of Municipal Affairs to the effect that it is advisable and in the interest of the municipality that the sinking-fund be deposited elsewhere than in the office of the Minister of Finance, or be otherwise invested, may authorize that the sinking-fund required to redeem an issue of bonds made, or to repay a loan contracted, by that municipality, be deposited elsewhere than in the office of the Minister of Finance or be otherwise invested.
R. S. 1964, c. 171, s. 34.
© Gouvernement du Québec