Short Term Borrowing Limit Regulation

B.C. Reg. 368/2003
O.C. 968/2003

Deposited October 24, 2003
effective January 1, 2004

This consolidation is current to August 27, 2024.

Community Charter

Short Term Borrowing Limit Regulation

Short term capital borrowing limit

1 The limit prescribed for the purposes of the debt referred to in section 178 (2) of the Community Charter, for a municipality, is the amount obtained by multiplying $50 by the population of the municipality.

[Provisions of the Community Charter, S.B.C. 2003, c. 26, relevant to the enactment of this regulation: sections 178 and 282]