Region of Peel Investor Presentation slide image

Region of Peel Investor Presentation

Strong Regulatory Framework Supports Debt Issuance Ontario Municipal Act, 2001 Municipal Debentures Rank Pari Passu s.408(7) Annual Budgeting Requirements (Debt Provision and No Operating Deficits) s.289 and s.290 Limitations on Use of Proceeds s.413(1) and s.408(2.1) Debenture By-Law Permanence s.414(1) Doctrine of Ultra Vires Municipal Officer Guilty of an Offense s.9 and s.17 S.422 23 No Bankruptcy Allowed (No Equivalent of Chapter 9 in USA) Member of Council Diversion of Funds Liability S.424 Region of Peel working with you
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