I-0.1 - Act respecting municipal industrial immovables

Section 10 Disposition versions

1994-06-17

10. The sums of money derived by a local municipality from the operation of an industrial rental building, or from the alienation or leasing of an immovable must, after deduction of the administration and maintenance costs relating to the operation of the industrial rental building or the leasing of the immovable, be used to discharge the engagements made by the municipality under this Act.

If the sums of money exceed the total amount of the engagements, the surplus is paid into the general fund of the municipality.

1984, c. 10, s. 10; 1989, c. 60, s. 7; 1994, c. 34, s. 10.

1989-06-22

10. The sums of money derived by a municipality from the operation of an industrial rental building, or from the alienation or leasing of an immovable must, after deduction of the administration and maintenance costs relating to the operation of the industrial rental building or the leasing of the immovable, be used to discharge the engagements made by the municipality under this Act.

If the sums of money exceed the total amount of the engagements, the surplus is paid into the general fund of the municipality.

1984, c. 10, s. 10; 1989, c. 60, s. 7.

1984-06-12

10. The sums of money derived from any alienation or leasing must, after deduction, in the case of leasing, of administration and maintenance costs incurred for the immovable, be used to discharge the engagements made by the municipal corporation under this Act.

If the sums of money exceed the total amount of the engagements, the surplus is paid into the general fund of the corporation.

1984, c. 10, s. 10.