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C-29 - General and Vocational Colleges Act

Section 26.2
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26.2. No college may make payments or assume obligations the cost of which exceeds, in the same fiscal year, the amounts at its disposal for the fiscal year in which such payments or obligations are made or assumed.
Nothing in this section shall prevent a college from making a commitment for a term of more than one fiscal year.
1993, c. 25, s. 19.
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