C-37.01 - Act respecting the Communauté métropolitaine de Montréal

Section 181 Disposition versions

2002-12-19

181. Not later than one year after the coming into force of the by-law establishing the program provided for in section 180, the Community shall, by a by-law adopted by a 2/3 majority of the votes cast, establish a fund to provide financial support for the development projects it determines, in particular among the projects submitted by the municipalities whose territories are situated within its territory.

The by-law must indicate the nature of the development projects that are to be financed by the fund and the costs that may be charged to the fund.

The fund is comprised of any amount paid into it, in particular under the second paragraph of section 180, and the interest earned on that amount.

2000, c. 34, s. 181; 2000, c. 56, s. 60; 2002, c. 77, s. 48.

2001-01-01

181. Not later than one year after the coming into force of the by-law establishing the program provided for in section 180, the Community shall, by a by-law adopted by a 2/3 majority of the votes cast, establish a fund to provide financial support for the development projects it determines, in particular among the projects submitted by the municipalities whose territories are situated within its territory.

The by-law must indicate the nature of the development projects that are to be financed by the fund and the costs that may be charged to the fund.

The fund is comprised of the amount determined in accordance with the second paragraph of section 180 and the interest it generates.

2000, c. 34, s. 181; 2000, c. 56, s. 60.