Bill 25 (Legislature 15, Session 2)

L15 S2 1463

Alberta — Bills

No. 25 2nd Session, 15th Legislature, Alberta 13 Elizabeth II BILL 25 A Bill to amend The Municipal and Provincial Properties Valuation Act HON. MR. HOOKE Printed by L. S. WALL, Printer to the Queen's Most Ex-cellent Majesty, Edmonton, Alberta, 1965

Explanatory Note I. This Bill will amend The Municipal and Provincial Properties Valuation Act which is

chapter 53 of the Statutes of Alberta, 1961.

Section 3 is amended to conform to the amendments made in 1964 and to be made at this Session to The Assessment Act and The City Act. the opening words of

section 3 read: 3. The assessor of every municipalityshaRprepa:re a valuati.on of. 3. A new subsection is added for clarification.

Section 6 reads: 6. All properties to be valued under sections 3, 4 and 5 shaH be valued in a manner that is equita;ble and unifol'lIl with assessments of that and other kinds .of property througlllOut the munic1pality. 4. Provision for annual depreciation is made.

BILL No. 25 of 1965

An Act to amend The Municipal and Provincial Properties Valuation Act (Assented to , 1965) HER MAJESTY, by and with the advice and consent of . the Legislative Asse1mbly of the Province of Alberta, enacts as follows: . 1. The Municipal and Provincial Properties Valuation Act is hereby amended.

Section 3 is amended by strikling out the words "all municipally owned lands and improvements within the municipality" and by substituting the words "all lands and improvements within the municipality that are owned by 'a municipality or leased from the Crown by a munici pality and".

Section 6 is amended by renumbering the

section as subsection (1) and by adding the following after the re numbered subsection (1):

(2) Without restricting the generality of subsection (1), where pursuant to any other Act, a particular type or class of property is to be assessed at a specified percentage of its fair actual value, then any property of that type or class that (

a) is exempt from assessment and ta~ation under any other Act, but (

b) is to be valued under this Act, shalll, for the purposes of this Act, be valued at the same percentage of its fair actual value. 4. The following

section is 'added after

section 6: Ga. Annual depreciation shall be allowed on all property valued pursuant to this Act that comes within the defi nition of "improvement" in (

a) clause (j1) of

section 2 of The City Act, or (

b) in olause (

i) of

section 2 of The Assessment Act, 1960, but with respect to improvements as described in sub clause (iii) of either of those clauses the annual depreci ation allowed shall not exceed a maximum of fifty per cent so long as the property continues to be ,in use.

Section 7, subsection (2) reads:

(2) A valuation prepared pursuant to

section 3 or 4 shall continue to be the valution 'Of the property until (a.) the valuation is affected by some cause other than fair wear and tear, or (

b) a general assessment of .the municipality is authorized.

Section 8 of subsection (1) reads: 8.

(1) Notwithstanding clauses (

k) and (0) 01{ subsection (1) of

section 544 of The City Act, o,r clause (

b) orfsection 14 of The Assess ment Act, 1960, the Lieutenant Governor in Council may provide that tJhe valuation of any type, class or classe·s of munici.pally 'O,wned pr'O perty valued in accordance with this Act shall become the assessment of that property and that the property is liable to assessment and taxation .by the munidvality in which the 'property is situated. The

section is amended to conform to the amendment to

section 3-see clause 2 of this Bill 'and the explanatory note thereto. 7. Commencement of Act.

Section 7 is amended by adding the following sub

section after subsection (2): (2a) Notwithstanding subsection (2), property that is an improvement as described in (

a) subclause (iii) of clause (j1) of

section 2 of The City Act, or (

b) subclause (Hi) of clause (

i) of

section 2 of The Assessment Act, 1960, shall be valued annually.

Section 8 is amended by striking out subsection (1) and by substituting the following: 8.

(1) Notwithstanding ,clause (

k) of subsection (1) of

section 544 of The City Act or clause (

b) of

section 14 of The Assessment Act, 1960, the Lieutenant Governor in Council may order that any type or class of property owned by a municipality or leased from the Crown by a munici pality and valued in accordance with this Act is liable to assessment and taxation by the municipality in which the property is situated, ,and where an order is so made, (

a) the valuation, made pursuant to this Act, of any property of the type or class specified in the order shall become the assessment of that property, and (

b) if the order extends to property leased from the Crown by a municipality, the property shall be assessed to the lessee munidpality as if it were the owner thereof. 7.

(1) This Act, except

section 4, comes into force on the day upon which it is assented to.

(2) Section 4 comes into force on a date to be fixed by proclamation. 2

No. 25 SECOND SESSION FIFTEENTH LEGISLATURE 13 E:LIZABETR II 1965 BILL

An Act to amend The Municipal and Provincial Properties Valuation Act Received and read the First time ..... : ................................... . Second time ....................................... . Third time ......................................... . RON. MR. HOOKE Title: 1965 (15th, 2nd) Bill 25,

An Act to amend The Municipal and Provincial Properties Valuation Act

Document details

Collection	Alberta — Bills
Citation	L15 S2 1463
Type	bill
Volume / chapter	L15 S2 1463
Language	en
Format	json
Source	PROVINCIAL
Identifier	0e346aeb9918ad026e0b886e47a8b3191fe029fd

Source file is stored in the law ingest library (json).