434.2. The rate of the school tax levied by the Comité cannot exceed $0.35 per $100 of the standardized assessment of taxable immovables or a portion of that assessment included in the property tax base of the school boards on the island of Montréal nor can the yield of the tax, established at the time of the adoption of the budget of those school boards, exceed the total of the amounts obtained by applying, for each school board on the island of Montréal, the method of computation prescribed in the second and third paragraphs of section 308.
1990, c. 28, s. 9; 1999, c. 40, s. 158; 2002, c. 75, s. 31.For the school years 2018-2019 and 2019-2020, See Transitional provision S.Q. 2018, c. 5, s. 87.