B.C. Reg. 368/2003
O.C. 968/2003
Deposited October 24, 2003
effective January 1, 2004
This archived regulation consolidation is current to August 5, 2005 and includes changes enacted and in force by that date. For the most current information, click here.

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]


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