553. Unless otherwise prescribed by by-law of the local municipality, the immovables that have become exempt from real estate tax solely by reason of a change in law entailed by the coming into force of the Real Estate Assessment Act (chapter E-16) or this Act and that have remained so exempt since then for that sole reason shall remain subject to any special taxes imposed on them to defray the annual payment in capital and interest of loans ordered before the law was changed.
1979, c. 72, s. 553; 1989, c. 68, s. 8; 1994, c. 30, s. 84.