RTA · Municipal Government Act
Part 8 — Financial Administration
252 Debt limit
will cause the municipality to exceed its debt limit, unless the
borrowing is approved by the Minister.
(2) For the purposes of subsection (1), a borrowing made by a
municipality to pay for costs associated with clean energy
improvements as defined in Part 10, Division 6.1 does not count
against the debt limit or debt service limit of the municipality.
RSA 2000 cM-26 s252;2018 c6 s4