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F-4 - Industrial Funds Act

Section 4
Disposition versions

Full text
4. In the case where the corporation receives a government subsidy specifically intended for industrial purposes, the council may furthermore, in accordance with the procedure and for the purposes contemplated in section 3, effect on the lands acquired in accordance with section 3 all the substructural works for the execution of which a subsidy is granted.
For the purposes of section 5, the amount of the subsidies must be deducted from the cost.
1974, c. 44, s. 1.
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