MHHS · Municipal Government Act
Part 8 — Financial Administration
271 Regulations
(a) respecting the financial administration of specialized
municipalities;
(b) establishing limits and restrictions on a municipality's
power to make grants;
(c) respecting how a debt lim it for a municipality is determined;
(d) defining debt for the purposes of determining if a
municipality has exceeded its debt limit and the definition
may include anything related to a municipality's finances,
including things relating to the finances of a controlled
corporation;
(e) exempting a municipality fro m the requirement of this Part
respecting debt limits.
(2) The regulations may establish different methods of determining
debt limits and different definitions of debt for different
municipalities.
1994 cM-26.1 s271