Acts and Regulations

2011-7 - Assessment Act

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NEW BRUNSWICK
REGULATION 2011-7
under the
Assessment Act
(O.C. 2011-52)
Filed March 1, 2011
1New Brunswick Regulation 84-6 under the Assessment Act is amended by adding after section 2.4 the following:
2.5The circumstances for the purposes of subsections 15.4(3) and (5) of the Act are as follows:
(a) there is a transfer or deed of confirmation, rectification or modification;
(b) a person transfers real property to himself or herself for the purpose of consolidation;
(c) easements, rights, liberties or privileges are registered;
(d) the real property is transferred
(i) from an executor or administrator to beneficiaries under a will, or
(ii) from an administrator to heirs under intestacy;
(e) there is a transfer or deed by which joint tenants become tenants in common or tenants in common become joint tenants; and
(f) marital property as defined in the Marital Property Act is transferred by
(i) a married person to his or her spouse,
(ii) a married person to himself or herself and his or her spouse, or
(iii) persons married to each other to one of such persons.
2This Regulation shall be deemed to have come into force on January 1, 2011.