244.9. A mode of tariffing may be used to repay all or part of a loan or to contribute to the sinking fund constituted for such repayment.
In that case, the loan by-law or resolution must specify the mode of tariffing, the tax base and the class of debtors.
Where the by-law or resolution provides that the repayment must be made by way of both a property tax, or a compensation regarded as a property tax, and another mode of tariffing but does not specify the proportions thereof, only the tax or compensation shall be considered for the purpose of determining if all the persons qualified to vote in the municipality or only part of them may take part in the referendum on the by-law or resolution.
1988, c. 76, s. 68; 1991, c. 32, s. 160; 1999, c. 40, s. 133.