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E-8.1 - Act respecting public elementary and secondary education
Section 433
Disposition versions
433. Where the full amount of estimated expenditure towards the objects of the Council and language-based school boards and the obligations of the Council set out in the second paragraph of section 428 for the payment of which a levy of tax is required amounts to more than six per cent of the subsidies to the Council, language-based school boards and confessional school boards for the year in which the tax is levied, after deducting subsidies for debt service and school transportation, or where the rate of this tax levy is above $.25 per $100 of standardized assessment of taxable immovables on the Island of Montréal, the tax shall be submitted to the electors for approval in accordance with sections 395 to 403.
