211. The taxable value of land used as a golf course having an area of 20 hectares or more and open to the public cannot exceed an amount per hectare computed in accordance with the second paragraph.
The amount is equal to the amount that was applicable for the fiscal year preceding the coming into force of the roll, increased or decreased by a percentage corresponding to that of the increase or decrease in the average value of the lands entered on the roll at the time of its deposit in relation to the average value of the lands entered on the roll of the preceding fiscal year at the time of its deposit.
The council of the municipal corporation shall officialize the amount and percentage referred to in the second paragraph at the same time as it imposes the general real estate tax for the fiscal year in which the roll comes into force.
The value of the landscaping work on the land contemplated in the first paragraph is not taxable.
1979, c. 72, s. 211; 1986, c. 34, s. 17; 1988, c. 76, s. 61.