Part 10 — Taxation Division 1 General Provisions
381.4 Incremental assessed value not subject to equalized assessment or requisition
of property in a community revitalization levy area shall not be
included for the purpose of calculating
(a) an equalized assessment under Part 9, or
(b) the amount of a requisition under Part 10.
(2) Subsection (1) applies in respect of property in a community
revitalization levy area
(a) for a period of 20 years, or
(b) for such other period as determined by the Lieutenant
Governor in Council under section 381.5(1)(e.1), which
period may not exceed 40 years,
RSA 2000
Section 381.5 MUNICIPAL GOVERNMENT ACT Chapter M-26
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from the year in which the community revitalization levy bylaw is
made.
2005 c14 s14;2018 c20 s12