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C-19 - Cities and Towns Act

Section 468.5
Disposition versions

Full text
468.5. The payment of capital expenditures is made in accordance with the mode of apportionment contained in the agreement.
However, where the object of the agreement is the supply of drinking water or the management of waste water, it must fix a maximum capacity of consumption for each municipality, taking into account the potential use of the goods and services contemplated. The payment of capital expenditures is then made in proportion to the maximum capacity of consumption of each municipality.
1979, c. 83, s. 5; 1996, c. 2, s. 209.
468.5. The payment of capital expenditures is made in accordance with the mode of apportionment contained in the agreement.
However, where the object of the agreement is the supply of drinking water or the management of waste water, it must fix a maximum capacity of consumption for each corporation, taking into account the potential use of the goods and services contemplated. The payment of capital expenditures is then made in proportion to the maximum capacity of consumption of each corporation.
1979, c. 83, s. 5.
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