57. The Société is required to deposit in the deposit office referred to in the Deposit Act (chapter D-5) an amount equal to the sum of money paid annually by the Government to municipalities to stand in lieu of
(1) municipal real estate taxes in respect of an immovable owned by the Société;
(2) business taxes in respect of a business establishment in which the Société carries on its activities in an immovable owned by the Société; and
(3) taxes other than real estate taxes, compensations and tariffs imposed by a municipality on the Société as the owner of an immovable.
The Minister of Finance and the Economy pays those sums to municipalities at the request of the person designated under subparagraph d of paragraph 2 of section 262 of the Act respecting municipal taxation (chapter F-2.1) and in the manner specified by the person.
The sums paid by the Minister of Finance and the Economy stand in lieu of the sums paid by the Government under sections 254 and 257 of the Act respecting municipal taxation for the immovables and business establishments owned by the Société.