By-laws respecting pension or superannuation plans made under the Municipalities Act
197Despite the repeal of section 162 of the Municipalities Act, M-22 of the Revised Statutes, 1973, and despite any inconsistency with any provision of this Act,
(a)
a by-law made under the authority of subsection 162(1) of the Municipalities Act, chapter M-22 of the Revised Statutes, 1973, adopting a pension or superannuation plan is valid and continues in force until amended or repealed, and
(b)
a by-law referred to in paragraph (a) may be amended under section 162 of the Municipalities Act, chapter M-22 of the Revised Statutes, 1973, on or after the commencement of this section as if section 162 of that Act had not been repealed.
By-laws respecting pension or superannuation plans made under the Municipalities Act
197Despite the repeal of section 162 of the Municipalities Act, M-22 of the Revised Statutes, 1973, and despite any inconsistency with any provision of this Act,
(a)
a by-law made under the authority of subsection 162(1) of the Municipalities Act, chapter M-22 of the Revised Statutes, 1973, adopting a pension or superannuation plan is valid and continues in force until amended or repealed, and
(b)
a by-law referred to in paragraph (a) may be amended under section 162 of the Municipalities Act, chapter M-22 of the Revised Statutes, 1973, on or after the commencement of this section as if section 162 of that Act had not been repealed.