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OC 81/2017 - The Municipalities (Percentage of Value) Amendment Regulations, 2017 (Minister of Government Relations)

Title: The Municipalities (Percentage of Value) Amendment Regulations, 2017

Minister: Minister of Government Relations

Summary: On filing date but retroactive on and from January 1, 2017, these regulations will amend RRS M-36.1 Reg 1 to update percentages of value (POV) for the 2017 provincial revaluation (the POV for non-arable (range) land be adjusted from 40 per cent to 45 per cent, and the POV for residential, multi-unit residential and seasonal residential be moved from 70 per cent to 80 per cent).

See: The Municipalities Act, section 403

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