150.1. Despite the Municipal Aid Prohibition Act (chapter I-15), a municipality may set the rent for a classified or recognized heritage immovable situated in its territory, or for an immovable situated in a recognized heritage site, below its fair market value. The rent from such an immovable, less the related administrative costs, must first be used to pay the costs related to the maintenance required to preserve the immovable’s heritage value and to discharge the commitments made by the municipality under this Act.
2021, c. 102021, c. 10, s. 571.