285. Before 1 April each year, the regional board shall inform every board of directors of the institutions referred to in sections 119 to 125 and in sections 126.1 and 126.2 of the total of the amounts it is allocating to the operating budget of each institution under the administration of these boards.
Within 30 days from the transmission of the information, the board of directors shall apportion, among the institutions under its administration, the total amount indicated by the regional board, see to it that the operating budget of every institution under its administration is revised, if necessary, adopt the operating budget of every institution and inform the regional board thereof.
Where a budget balancing plan is required to enable an institution under the administration of the board of directors to comply with its operating budget, the board of directors shall see to it that such a plan is prepared, adopted and transmitted to the regional board, within 60 days, along with the operating budget of the institution.
1991, c. 42, s. 285; 1996, c. 36, s. 28.