F-2.1 - Act respecting municipal taxation

Section 253.19 Disposition versions

1991-06-20

253.19. (Repealed).

1987, c. 69, s. 5; 1991, c. 32, s. 136.

1987-12-14

253.19. Any payment of real estate tax which is carried over to a subsequent fiscal period shall bear interest at the rate fixed by the by-law.

That rate must, when fixed, be lower than the rate applied by the municipal corporation to real estate tax arrears.

That rate cannot be changed for part of a fiscal period; each successive rate is valid for a whole fiscal period.

Interest ceases to accrue on the date of preparation of the account on which the capital amount payable pursuant to the first paragraph of section 253.21 or section 253.22 is entered. It ceases to accrue on all or part of the capital amount paid before the preparation of the account.

1987, c. 69, s. 5.