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M-41 - Act to enable municipalities to tax hospital centres and reception centres
Section 4
Disposition versions
4. The yield of such tax shall not exceed, with respect to each of the hospital centres or reception centres liable thereto, ten per cent of all the revenue of the municipality from the general or special real estate tax and from the local improvement taxes for the last fiscal year for which its accounts have been reported on by its auditors, excluding revenue collected under this act.
