Acts and Regulations

M-20 - Municipal Capital Borrowing Act

Section 11
Disposition versions

Full text
Offences and penalties
11(1)Every councillor, mayor or clerk who moves, seconds, puts or supports by his vote any motion, resolution or proposal that if carried out would have the effect of diverting money obtained pursuant to this Act or any part thereof, to any purpose other than that for which it is borrowed, commits an offence punishable under Part II of the Provincial Offences Procedure Act as a category E offence.
11(2)This section does not apply if money is diverted to a purpose other than that for which it is obtained when such diversion is made with the approval of the Board.
1963 (2nd Sess.), c.8, s.9; 1990, c.61, s.85; 2017, c.20, s.106
Offences and penalties
11(1)Every councillor, mayor or clerk who moves, seconds, puts or supports by his vote any motion, resolution or proposal that if carried out would have the effect of diverting money obtained pursuant to this Act or any part thereof, to any purpose other than that for which it is borrowed, commits an offence punishable under Part II of the Provincial Offences Procedure Act as a category E offence.
11(2)This section does not apply if money is diverted to a purpose other than that for which it is obtained when such diversion is made with the approval of the Board.
1963 (2nd Sess.), c.8, s.9; 1990, c.61, s.85
Offences and penalties
11(1)Every councillor, mayor or clerk who moves, seconds, puts or supports by his vote any motion, resolution or proposal that if carried out would have the effect of diverting money obtained pursuant to this Act or any part thereof, to any purpose other than that for which it is borrowed, commits an offence punishable under Part II of the Provincial Offences Procedure Act as a category E offence.
11(2)This section does not apply if money is diverted to a purpose other than that for which it is obtained when such diversion is made with the approval of the Board.
1963(2nd Sess.), c.8, s.9; 1990, c.61, s.85