537. Any accumulated deficit on 30 June 1980 of an existing school board or an expense of an existing board resulting from a judgment by a court or the Bureau de révision de l’évaluation foncière or from an arbitration award in respect of a cause of action existing before 30 June 1980 shall be made up by means of a special tax or a loan repaid by means of a special annual tax in accordance with the conditions determined by the Minister. Where required by the Minister, the special tax shall be levied and collected in the territory of the existing school board that incurred the deficit or expense.
Notwithstanding sections 308, 440 and 444, the special tax is not subject to the approval of the electors.