BILL NO. 121
(as introduced)
2nd Session, 60th General Assembly
Nova Scotia
57 Elizabeth II, 2008
Assessment Act
(amended)
Gordie Gosse
Cape Breton Nova
First Reading: April 24, 2008
Second Reading: May 6, 2008
Third Reading: May 26, 2008 (WITH COMMITTEE AMENDMENTS) (LINK TO BILL AS PASSED)
Explanatory Note
This Bill amends the Assessment Act to apply to housing co-operatives the limit on increases in the assessed value of certain properties for municipal taxation purposes (the "assessment cap").
An Act to Amend Chapter 23
of the Revised Statutes, 1989,
the Assessment Act
1 Section 45A of Chapter 23 of the Revised Statutes, 1989, the Assessment Act, as enacted by Chapter 10 of the Acts of 2004 and amended by Chapter 24 of the Acts of 2006, is further amended by adding immediately after subsection (2) the following subsection:
(2A) This Section applies to a housing co-operative that is occupied by individuals the majority of whom are ordinarily resident in the Province.
This page and its contents published by the Office of the Legislative Counsel, Nova Scotia House of Assembly, and © 2008 Crown in right of Nova Scotia. Created June 6, 2008. Send comments to legc.office@novascotia.ca.
