Acts and Regulations

2017, c.18 - Local Governance Act

Full text
Reserve fund
115In accordance with the regulations, a local government may, with respect to its ownership or operation of a generation facility, establish, manage and contribute to
(a) an operating reserve fund, and
(b) a capital reserve fund.
Reserve fund
115In accordance with the regulations, a local government may, with respect to its ownership or operation of a generation facility, establish, manage and contribute to
(a) an operating reserve fund, and
(b) a capital reserve fund.