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C-19 - Cities and Towns Act

Section 563.1
Disposition versions

Full text
563.1. In addition to obtaining any approval required under section 556, the council shall, before contracting a loan, have the conditions of the loan approved by the Minister of Finance.
However, approval of the conditions of a loan is not required in respect of a loan contracted by means of an issue of bonds or an issue of notes following the application of the procedure for a call for tenders prescribed in section 554, or a loan contracted by means of an issue of notes for an amount less than $100,000.
1984, c. 38, s. 39; 1992, c. 27, s. 21; 1995, c. 34, s. 22; 1999, c. 43, s. 13; 2002, c. 37, s. 83; 2003, c. 19, s. 250; 2005, c. 28, s. 196; 2005, c. 50, s. 15.
563.1. In addition to obtaining any approval required under section 556, the council shall, before contracting a loan, have the conditions of the loan approved by the Minister of Municipal Affairs and Regions.
However, approval of the conditions of a loan is not required in respect of a loan contracted by means of an issue of bonds or an issue of notes following the application of the procedure for a call for tenders prescribed in section 554, or a loan contracted by means of an issue of notes for an amount less than $100,000.
1984, c. 38, s. 39; 1992, c. 27, s. 21; 1995, c. 34, s. 22; 1999, c. 43, s. 13; 2002, c. 37, s. 83; 2003, c. 19, s. 250; 2005, c. 28, s. 196.
563.1. In addition to obtaining any approval required under section 556, the council shall, before contracting a loan, have the conditions of the loan approved by the Minister of Municipal Affairs, Sports and Recreation.
However, approval of the conditions of a loan is not required in respect of a loan contracted by means of an issue of bonds or an issue of notes following the application of the procedure for a call for tenders prescribed in section 554, or a loan contracted by means of an issue of notes for an amount less than $100,000.
1984, c. 38, s. 39; 1992, c. 27, s. 21; 1995, c. 34, s. 22; 1999, c. 43, s. 13; 2002, c. 37, s. 83; 2003, c. 19, s. 250.
563.1. In addition to obtaining any approval required under section 556, the council shall, before contracting a loan, have the conditions of the loan approved by the Minister of Municipal Affairs and Greater Montréal.
However, approval of the conditions of a loan is not required in respect of a loan contracted by means of an issue of bonds or an issue of notes following the application of the procedure for a call for tenders prescribed in section 554, or a loan contracted by means of an issue of notes for an amount less than $100,000.
1984, c. 38, s. 39; 1992, c. 27, s. 21; 1995, c. 34, s. 22; 1999, c. 43, s. 13; 2002, c. 37, s. 83.
563.1. In addition to obtaining any approval required under section 556, the council shall, before contracting a loan, have the conditions of the loan approved by the Minister of Municipal Affairs and Greater Montréal.
However, approval of the conditions of a loan is not required in respect of a loan contracted by means of an issue of bonds, a loan contracted by means of an issue of notes following the application of the procedure for a call for tenders prescribed in section 554, or a loan contracted by means of an issue of notes for an amount less than $100 000.
1984, c. 38, s. 39; 1992, c. 27, s. 21; 1995, c. 34, s. 22; 1999, c. 43, s. 13.
563.1. In addition to obtaining any approval required under section 556, the council shall, before contracting a loan, have the conditions of the loan approved by the Minister of Municipal Affairs.
However, approval of the conditions of a loan is not required in respect of a loan contracted by means of an issue of bonds, a loan contracted by means of an issue of notes following the application of the procedure for a call for tenders prescribed in section 554, or a loan contracted by means of an issue of notes for an amount less than $100 000.
1984, c. 38, s. 39; 1992, c. 27, s. 21; 1995, c. 34, s. 22.
563.1. In addition to obtaining the approvals contemplated in section 556, the council shall, before contracting a loan otherwise than by an issue of bonds, have the conditions of the loan approved by the Minister of Municipal Affairs.
1984, c. 38, s. 39; 1992, c. 27, s. 21.
563.1. In addition to obtaining the approvals contemplated in section 556, the council shall, before contracting a loan by means of notes, have the conditions of the loan approved by the Minister of Municipal Affairs.
1984, c. 38, s. 39.
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