F-2.1 - Act respecting municipal taxation

Section 231.5 Disposition versions

2009-01-01

231.5. (Repealed).

2001, c. 25, s. 121; 2001, c. 68, s. 61; 2008, c. 19, s. 21.

2001-12-20

231.5. To stand in lieu of the taxes which it is exempted from paying to Ville de Montréal under paragraph 18 of section 204 and paragraph 14 of section 236, the Société du Palais des congrès de Montréal shall pay to the city for each fiscal year, according to the same terms and conditions as the general property tax, a sum the amount of which is equal to the amount obtained by adjusting the base amount provided for in the second paragraph in the manner prescribed in the third paragraph.

The base amount is the sum obtained by adding the amounts of the municipal taxes imposed for the fiscal year 2001 on the Palais des congrès de Montréal or in its respect, on the basis of the property value or rental value or another characteristic of the immovable such as the area, the frontage or another dimension, according to the account referred to in the second paragraph of section 81.

The base amount shall be adjusted by applying the increase or the decrease determined by comparing the budgets adopted for the fiscal year concerned and the preceding fiscal year, as regards the revenues derived from the municipal property taxes imposed on the aggregate of the units of assessment belonging to the group provided for in section 244.31 and situated in the territory of the city, and the taxes imposed in respect of that aggregate on the basis of the rental value.

For the purposes of the third paragraph, the word “tax” includes any sum standing in lieu thereof which must be paid by the Crown in right in accordance with the second paragraph of section 210 or section 254 or by the Government of Canada or by one of its mandataries.

2001, c. 25, s. 121; 2001, c. 68, s. 61.

2001-06-21

231.5. To stand in lieu of the taxes which it is exempted from paying to Ville de Montréal under paragraph 18 of section 204 and paragraph 14 of section 236, the Société du Palais des congrès de Montréal shall pay to the city for each fiscal year, according to the same terms and conditions as the general property tax, a sum the amount of which is equal to the amount obtained by adjusting the base amount provided for in the second paragraph in the manner prescribed in the third paragraph.

The base amount is the sum obtained by adding the amounts of the municipal taxes imposed for the fiscal year 2001 on the Palais des congrès de Montréal or in its respect, on the basis of the property value or rental value or another characteristic of the immovable such as the area, the frontage or another dimension, according to the account referred to in the second paragraph of section 81.

The base amount shall be adjusted by applying the increase or the decrease determined by comparing the budgets adopted for the fiscal year concerned and the preceding fiscal year, as regards the revenues derived from the municipal property taxes imposed on the aggregate of the units of assessment belonging to the group provided for in section 244.31 and situated in the territory of the city, and the taxes imposed in respect of that aggregate on the basis of the rental value.

For the purposes of the third paragraph, the word “tax” includes any sum standing in lieu thereof which must be paid by the Government in accordance with the second paragraph of section 210 or section 254 or by the Government of Canada or by one of its mandataries.

2001, c. 25, s. 121.