11. The alienation or leasing of an immovable taken back by a municipality following an alienation contemplated by this Act is subject to this Act. However, if the immovable includes a building, sections 3 and 8 do not apply to the building.
The first paragraph also applies where the municipality repurchases an immovable in the exercise of a right of preemption stipulated in the contract of alienation or where it acquires an immovable sold for failure to pay municipal or school taxes if, in each of such cases, the municipal corporation had originally alienated the immovable for industrial, para-industrial or research purposes.
1984, c. 10, s. 11; 1989, c. 60, s. 8.