2: Exemptions of more than two years

I. – Communes and public establishments for inter-communal cooperation with their own tax status may, by a deliberation taken under the conditions provided for in Article 1639 A bis, exempt, for their share of property tax on built-up properties, for a period of five years, residential premises allocated to the principal dwelling and resulting from the conversion of premises mentioned in 1° of III of Article 231 ter. This exemption…