Part 10 — despite that the designated manufactured home will be taxed in that year by another municipality. (3) A supplementary assessment must reflect (a) the value of an improvement that has not been previously assessed, or (b) the increase in the value
314.1 Supplementary assessment re designated industrial property
prepare supplementary assessments for new designated industrial
property that becomes operational after October 31 of the year
prior to the year in which the designated industrial property is to be
taxed under Part 10.
(2) Supplementary assessments must reflect the valuation standard
set out in the regulations for designated industrial property.
(3) Subject to the regulations, supplementary assessments for
designated industrial property must be prorated to reflect only the
number of months, including the whole of the first month, during
which the property is operational.
(4) Despite subsections (1) to (3),
(a) a supplementary assessment must be prepared only for
designated industrial property that has not been previously
assessed, and only when it becomes operational;
(b) a supplementary assessment must not be prepared in respect
of designated industrial property that ceases to operate
during the tax year.
2016 c24 s44