299. Before 1 April each year, the agency shall transmit to each private institution under agreement in its region its operating budget for the ensuing fiscal year. The budget shall be established on the basis of the financing agreement entered into between the institution and the agency, according to the terms and conditions, if any, set out therein.
If, on 1 April in a year, the operating budget of an institution has not been transmitted to it, one quarter of the budget for the preceding fiscal year shall be renewed at the beginning of each quarter of the fiscal year and shall remain in force until it is replaced by the budget for the fiscal year concerned.
1991, c. 42, s. 299; 1992, c. 21, s. 33; 1998, c. 39, s. 92; 2005, c. 32, s. 227.