Acts and Regulations

2012-64 - Condominium Property Act

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NEW BRUNSWICK
REGULATION 2012-64
under the
Condominium Property Act
(O.C. 2012-220)
Filed July 5, 2012
1Paragraph 21(c) of New Brunswick Regulation 2009-169 under the Condominium Property Act is repealed and the following is substituted:
(c) if required under section 36 of the Act, a statement of the person qualified to review the financial statements which shall include the amount of the reserve fund at the end of the reporting period and the percentage that amount is of the amount required by the reserve fund study.
2Paragraph 24(1)(a) of the Regulation is repealed and the following is substituted:
(a) members of the New Brunswick Association of Real Estate Appraisers/Association des évaluateurs immobiliers du Nouveau-Brunswick holding the designation of Accredited Appraiser Canadian Institute (AACI);
3Section 34 of the Regulation is repealed and the following is substituted:
34The following classes of persons are qualified to prepare a building inspection report for the purpose of paragraph 5(3)(h) of the Act:
(a) members of the New Brunswick Association of Real Estate Appraisers/Association des évaluateurs immobiliers du Nouveau-Brunswick;
(b) persons who hold certificates of practice under the Architects Act;
(c) engineers who are licensed to practise engineering under the Engineering and Geoscience Professions Act;
(d) members of the New Brunswick Society of Certified Engineering Technicians and Technologists who are registered as certified engineering technologists under the Engineering Technology Act; and
(e) members of the Real Estate Institute of Canada holding the designation of Certified Reserve Planner (CRP).