Part 10 — Taxation Division 1 General Provisions
381.2 Community revitalization levy bylaw
bylaw.
(2) A community revitalization levy bylaw authorizes the council
to impose a levy in respect of the incremental assessed value of
property in a community revitalization levy area to raise revenue to
be used toward the payment of infrastructure and other costs
associated with the redevelopment of property in the community
revitalization levy area.
(3) A community revitalization levy bylaw, or any amendment to
it, has no effect unless it is approved by the Minister.
(4) The Minister may approve a community revitalization levy
bylaw in whole or in part or with variations and subject to
conditions.
2005 c14 s14;2022 c16 s9(67)