40. The educational services referred to in section 39, when dispensed by a private educational institution, shall be governed by the same basic school regulation as that, established pursuant to the Education Act (chapter I-13.3), which applies to adult education services of the same category dispensed by school boards, in all matters concerning
(1) the nature of the secondary school educational services and their general organizational framework;
(2) conditions of admission;
(3) student records;
(4) evaluation of learning and recognition of achievements;
(5) diplomas, certificates and other official attestations awarded by the Minister and the conditions which apply to their issue.
The basic school regulation shall be applied in the manner established by the Minister under section 459 of the Education Act.
The provisions of the basic school regulation concerning exceptions or exemptions shall apply to private educational institutions.