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An Act to Amend the Assessment Act

Legislature :
54
Session :
5
Bill No. :
3
Member :
Hon. N. Betts
First Reading :
2002-11-20
Second Reading :
2002-11-22
Committee of the Whole :
2002-12-3
2002-12-4
Amended :
Third Reading :
2002-12-5
Royal Assent :
2002-12-20
Download PDF :
Bill 3

Text of Bill :
   Her Majesty, by and with the advice and consent of the Legislative Assembly of New Brunswick, enacts as follows:

1                           Section 1 of the Assessment Act, chapter A-14 of the Revised Statutes, 1973, is amended in the definition "real property"

   (a)               in paragraph (j) by striking out "and" at the end of the paragraph;

   (b)               in paragraph (k) by striking out the semicolon at the end of the paragraph and substituting a comma;

   (c)               by adding after paragraph (k) the following:

   (l)                an electric power distribution system that is contained within a building and is used solely for the purpose of operating processing machinery and equipment, and
   
   (m)               foundations for machinery and equipment;

2                           Section 15.2 of the Act is repealed and the following is substituted:

15.2(1)          Subject to subsections (9) and (14) to (17), where the Director determines that for a particular year the real and true value of real property identified by its property
account number in Column I of Schedule A is more than 15.0% but not exceeding 30.0% greater than the amount of the assessment on such real property for the year immediately
preceding the particular year, then the amount of the assessment on such real property

   (a)               for the particular year is the sum of
   
      (i)         the amount of the assessment on such real property for the year immediately preceding the particular year, and
      
      (ii)       15.0% of the amount of the assessment on such real property for the year immediately preceding the particular year, and
   
   (b)               for the first year following the particular year is the sum of

      (i)         the amount of the assessment on such real property for the year immediately preceding the particular year, and
      
      (ii)       X% of the amount of the assessment on such real property for the year immediately preceding the particular year, where X% is the percentage determined under the
      portion of this subsection preceding paragraph (a).

15.2(2)          Subject to subsections (9) and (14) to (17), where the Director determines that for a particular year the real and true value of real property identified by its property
account number in Column I of Schedule A is more than 30.0% but not exceeding 45.0% greater than the amount of the assessment on such real property for the year immediately
preceding the particular year, then the amount of the assessment on such real property

   (a)               for the particular year is the sum of
   
      (i)         the amount of the assessment on such real property for the year immediately preceding the particular year, and
      
      (ii)       15.0% of the amount of the assessment on such real property for the year immediately preceding the particular year,

   (b)               for the first year following the particular year is the sum of

      (i)         the amount of the assessment on such real property for the year immediately preceding the particular year, and
      
      (ii)       30.0% of the amount of the assessment on such real property for the year immediately preceding the particular year, and

   (c)                for the second year following the particular year is the sum of

      (i)         the amount of the assessment on such real property for the year immediately preceding the particular year, and
      
      (ii)       Y% of the amount of the assessment on such real property for the year immediately preceding the particular year, where Y% is the percentage determined under the
      portion of this subsection preceding paragraph (a).

15.2(3)          Subject to subsections (9) and (14) to (17), where the Director determines that for a particular year the real and true value of real property identified by its property
account number in Column I of Schedule A is more than 45.0% greater than the amount of the assessment on such real property for the year immediately preceding the particular
year, then the amount of the assessment on such real property

   (a)               for the particular year is the sum of

      (i)         the amount of the assessment on such real property for the year immediately preceding the particular year, and
      
      (ii)       the following percentage of the amount of the assessment on such real property for the year immediately preceding the particular year:

                                                                                     1/3 x Z%

   (b)               for the first year following the particular year is the sum of

      (i)         the amount of the assessment on such real property for the year immediately preceding the particular year, and
      
      (ii)       the following percentage of the amount of the assessment on such real property for the year immediately preceding the particular year:

                                                                                     2/3 x Z%

   (c)                for the second year following the particular year is the sum of

      (i)         the amount of the assessment on such real property for the year immediately preceding the particular year, and
      
      (ii)       Z% of the amount of the assessment on such real property for the year immediately preceding the particular year,

where Z% is the percentage determined under the portion of this subsection preceding paragraph (a).

15.2(4)          The particular year referred to in subsection (1), (2) or (3) for real property identified by its property account number in Column I of Schedule A is listed beside the
property account number in Column II of Schedule A.

15.2(5)          The amount of the assessment on real property determined under subsections (1) to (3) is final and may not be questioned or reviewed in any court and sections 25, 27,
28 and 37 do not apply to such assessment.

15.2(6)          Sections 25, 27, 28 and 37 apply with the necessary modifications to the real and true value of real property referred to in subsections (1) to (3).

15.2(7)          Where the real and true value of real property is varied or referred back to the Director in a referral or appeal provided for under subsection (6) and where the condition
in subsection (1), (2) or (3) is applicable, subsection (1), (2) or (3), as the case may be, applies to the determination of the amount of the assessment on such real property.

15.2(8)          Upon the expiration of the period of time provided for in subsection (1), (2) or (3), the real property shall be assessed at its real and true value as of January 1 of the year
for which the assessment is made in accordance with section 15.

15.2(9)          Subsections (1) to (3) do not apply in respect of real property referred to in subsection (8), unless there is a change in the valuation methodology for assessing such
real property.

15.2(10)       Upon the recommendation of the Director, the Lieutenant-Governor in Council may by regulation add property account numbers to Column I of Schedule A where

   (a)               another property account number or numbers have been substituted in the place and stead of a property account number listed in Column I of Schedule A, or
   
   (b)               there has been a change in the valuation methodology for assessing the real property.

15.2(11)       Upon the recommendation of the Director, the Lieutenant-Governor in Council may by regulation delete property account numbers from Column I of Schedule A where

   (a)               a property account number has been replaced by another property account number or numbers,
   
   (b)               this section no longer applies to a real property as a result of a referral or appeal provided for under subsection (6),
   
   (c)                the period of time provided for in subsection (1), (2) or (3) has expired, or
   
   (d)               subsection (16) applies.

15.2(12)       Upon the recommendation of the Director, the Lieutenant-Governor in Council may by regulation add particular years to Column II of Schedule A where property
account numbers are added to Column I of Schedule A.

15.2(13)       Upon the recommendation of the Director, the Lieutenant-Governor in Council may by regulation delete particular years from Column II of Schedule A where property
account numbers are deleted from Column I of Schedule A.

15.2(14)       Where there is new construction on real property identified by its property account number in Column I of Schedule A, the construction shall be assessed for each year
at its real and true value as of January 1 of the year for which the assessment is made.

15.2(15)       Where there is new construction on real property identified by its property account number in Column I of Schedule A, the amount of the assessment on such real
property for each year is the sum of

   (a)               the amount of the assessment of the construction for that year, and
   
   (b)               the amount of the assessment determined under subsection (1), (2) or (3), as the case may be, for that year.

15.2(16)       Where real property identified by its property account number in Column I of Schedule A is damaged or destroyed, and where the real and true value of such real
property for any year following the year when the damage or destruction occurred does not exceed the amount of the assessment on such real property that would have been
determined under subsection (1), (2) or (3), as the case may be, for that following year had there been no damage or destruction, then such real property shall be assessed for that
following year and for every subsequent year at its real and true value as of January 1 of the year for which the assessment is made in accordance with section 15.

15.2(17)       Subsections (1) to (3) do not apply in respect of real property referred to in subsection (16), unless there is a change in the valuation methodology for assessing such
real property.

15.2(18)       The Director shall maintain a list of the real and true values of real property identified by its property account number in Column I of Schedule A.

15.2(19)       The list shall be open to public inspection during reasonable office hours at such places as the Director designates.

3                           Section 40 of the Act is amended

   (a)               in subsection (1)

      (i)         by adding after paragraph (e.3) the following:

   (e.31)       identifying specific property or portions or components of property that do or do not fall within the ambit of any of paragraphs (a) to (m) of the definition "real
   property" in section 1;

      (ii)       by repealing paragraph (e.9);

   (b)               by adding after subsection (1.2) the following:

40(1.21)       A regulation made under paragraph (1)(e.31) for the purposes of the year 2003 may be retroactive in its operation to January 1, 2003.

   (c)               by repealing subsection (1.3).

4                           Schedule A of the Act is repealed and the following is substituted:

SCHEDULE A
          Column I
Property Account Number
                                           Column II
                                        Particular Year
          00113942
                                              2003
          00114346
                                              2003
          00114841
                                              2003
          00221525
                                              2003
          00288959
                                              2003
          00671932
                                              2003
          00855057
                                              2003
          00921866
                                              2003
          01326849
                                              2003
          01364384
                                              2003
          01426128
                                              2003
          01455509
                                              2003
          01856713
                                              2003
          03133519
                                              2003
          03191509
                                              2003
          03323368
                                              2003
          03418804
                                              2003
          03474876
                                              2003
          03475018
                                              2003
          03481679
                                              2003
          03492743
                                              2003
          03492808
                                              2003
          03493090
                                              2003
          03493414
                                              2003
          03514600
                                              2003
          03590892
                                              2003
          03623108
                                              2003
          03635537
                                              2003
          03656088
                                              2003
          03661481
                                              2003
          03865069
                                              2003
          03889746
                                              2003
          03933781
                                              2003
          03956200
                                              2003
          04054085
                                              2003
          04077693
                                              2003
          04078356
                                              2003
          04129490
                                              2003
          04132566
                                              2003
          04177257
                                              2003
          04300012
                                              2003
          04638261
                                              2003
          04748715
                                              2003
          04776247
                                              2003
          04823565
                                              2003
          04946622
                                              2003
          05009449
                                              2003
          05043752
                                              2003
          05043760
                                              2003
          05047471
                                              2003
          05047683
                                              2003
          05092523
                                              2003
          05118036
                                              2003
          05244463
                                              2003
          05245037
                                              2003
          05280760
                                              2003
          05286368
                                              2003
          05301613
                                              2003
          05353806
                                              2003
          05374404
                                              2003
          05378474
                                              2003
          05384077
                                              2003
          05386231
                                              2003
          05395434
                                              2003
          05398131
                                              2003
          05398149
                                              2003
          05411298
                                              2003
          05412692
                                              2003
          05413224
                                              2003



5                           Subparagraph 3(a)(ii) and paragraph 3(c) of this Act shall be deemed to have come into force on January 1, 2002.

 

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