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I-13.3 - Education Act

Section 425.1
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425.1. (Repealed).
1990, c. 78, s. 11; 1997, c. 47, s. 27; 2002, c. 75, s. 18; 2020, c. 1, s. 134.
425.1. The bonds or other evidences of indebtedness or securities issued by the Comité on or after 28 February 2003 constitute a direct, general and unconditional undertaking of the Comité and of the school boards on the island of Montréal and rank pari passu with all other undertakings of the Comité and of the school boards on the island of Montréal in respect of loans not secured by hypothec or other encumbrance.
The same applies to bonds or other evidences of indebtedness or securities forming part of the debt of the Comité on 28 February 2003.
1990, c. 78, s. 11; 1997, c. 47, s. 27; 2002, c. 75, s. 18.
425.1. (Repealed).
1990, c. 78, s. 11; 1997, c. 47, s. 27.
425.1. The Government shall grant to a confessional or dissentient school board a subsidy equal to any amount it may be required to pay as a result of the application of section 424 or 425 for the purposes of the other school boards on the island of Montréal or of the Council.
1990, c. 78, s. 11.
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