261.2. For the purposes of this chapter, the standardized taxable or non-taxable value of an immovable is obtained by multiplying its taxable or non-taxable value entered on the real estate assessment roll of the local municipality by the factor established for such roll in accordance with section 264.
This section applies subject to sections 220 and 306.2 of the Act respecting the Communauté urbaine de Montréal (chapter C-37.2).