Hometime

Hometime · Alberta legislation

CPA Condominium Property Act

CPA · Alberta Housing Act

8 Other municipal contributions

Current to 2025-01-01 · Official PDF

(1) If a municipality agrees to contribute to the operating costs of
any housing accommodation, other than lodge accommodation,
provided by a management body, it shall make the contribution
agreed to within 90 days after the mailing of the invoice by the
management body.
(2) If after the 90-day period, the amount of the contribution or any
portion of it remains unpaid, the municipality shall pay interest at
the rate determined by the Minister to the management body on
that unpaid amount, and that unpaid amount and the accrued
interest are recoverable as a debt due to the management body.
(3) This section applies to agreements entered into either before or
after this Act comes into force.
RSA 2000 cA-25 s8;2021 c23 s5