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I-14 - The Education Act for Cree, Inuit and Naskapi Native Persons

Section 43
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43. When a municipality is divided owing to the formation of a new municipality or the annexation of part of its territory to an existing municipality, the debts or assets, as the case may be, shall be divided proportionately to the standardized assessment of the landed property.
The same rule shall apply when the religious minority declares itself dissentient.
R. S. 1964, c. 235, s. 53; 1979, c. 72, s. 340; 1999, c. 40, s. 159.
43. When a municipality is divided owing to the formation of a new municipality or the annexation of part of its territory to an existing municipality, the debts or assets, as the case may be, shall be divided proportionately to the standardized assessment of the real estate.
The same rule shall apply when the religious minority declares itself dissentient.
R. S. 1964, c. 235, s. 53; 1979, c. 72, s. 340.
43. When a municipality is divided owing to the formation of a new municipality or the annexation of part of its territory to an existing municipality, the debts or assets, as the case may be, shall be divided proportionately to the valuation of the real estate.
The same rule shall apply when the religious minority declares itself dissentient.
R. S. 1964, c. 235, s. 53.
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