37. Subject to section 34, every municipal corporation which ceases to form part of a county corporation continues to form part thereof in the same capacity and with the same rights and obligations for the purposes of its jurisdiction in real estate assessment matters unless it ceases to form part thereof following its annexation to or amalgamation with a municipality not forming part of such county corporation; in this last case, the conditions of transfer of jurisdiction are decided by agreement between the parties or, failing agreement, by the Commission.
1971, c. 50, s. 37; 1973, c. 31, s. 20.