Part 10 — Taxation Division 1 General Provisions
368 Changes in taxable status of property
taxable if
(a) the use of the property changes to one that does not qualify
for the exemption, or
(b) the occupant of the property changes to one who does not
qualify for the exemption.
(2) A taxable property or part of a taxable property becomes
exempt if
(a) the use of the property changes to one that qualifies for the
exemption, or
(b) the occupant of the property changes to one who qualifies
for the exemption.
(3) If the taxable status of property changes, a tax imposed in
respect of it must be prorated so that the tax is payable only for the
part of the year in which the property, or part of it, is not exempt.
(4) When a designated manufactured home is moved out of a
municipality,
(a) it becomes exempt from ta xation by that municipality when
it is moved, and
(b) it becomes taxable by ano ther municipality when it is
located in that other municipality.
1994 cM-26.1 s368;1996 c30 s32;1998 c24 s31