131. The amounts paid into the municipal fund shall be used to assist in the organization of a municipality, to facilitate the disposal of lands or indemnify those who may have rights therein.
The municipal fund shall be held in trust by the Minister of Finance and administered by the Minister of Energy and Resources and the Minister of Municipal Affairs, who may determine the use thereof.
1965 (1st sess.), c. 34, s. 132; 1979, c. 81, s. 20.