1. For the purposes of this Regulation,(1) “value” means the standardized assessment of an immovable obtained by multiplying the values entered on the assessment roll of a municipality for the immovable by the comparative factor established for the roll under section 264 of the Act respecting municipal taxation (chapter F-2.1);
(2) “school board” means a school board and the Comité de gestion de la taxe scolaire de l’île de Montréal.