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I-13.3 - Education Act
Section 424
Disposition versions
424. (Repealed).
1988, c. 84, s. 424; 1997, c. 96, s. 124; 2020, c. 12020, c. 1, s. 1341.
424. The funds required for the amortization of the principal and the payment of interest on the bonds or other evidences of indebtedness or securities issued by the Council from 1 July 1998 shall be derived from the general revenue of the Council and of the school boards on the island of Montréal.
The funds required for the amortization of the principal and the payment of interest on the bonds or other evidences of indebtedness or securities forming part of the bonded debt of the Council on 1 July 1998 shall be derived from the general revenue of the Council and of the school boards on the island of Montréal.
424. The funds required for the amortization of the principal and the payment of interest on the bonds or other evidences of indebtedness or securities issued by the Council from 1 July 1989 shall be derived from the general revenue of the Council and of the school boards on the island of Montréal.
The funds required for the amortization of the principal and the payment of interest on the bonds or other evidences of indebtedness or securities forming part of the bonded debt of the Council on 30 June 1989 shall be derived from the general revenue of the Council and of the school boards on the island of Montréal.
