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B.C. Reg. 20/86 Regulation of the Minister | Deposited February 11, 1986 |
[includes amendments up to B.C. Reg. 98/2018, May 17, 2018]
1 Where an owner of land being subdivided and a local government do not agree on the market value of the land under section 510 (6) of the Local Government Act, the value shall be determined by an appraiser appointed jointly by the owner and the local government.
[am. B.C. Reg. 98/2018, Sch. 7.]
2 If the owner and the local government fail to agree on an appraiser, the Inspector of Municipalities shall, upon the application of either party, appoint an appraiser to determine the market value.
3 Unless otherwise agreed, the cost of the appraiser shall be borne equally by the owner and the local government.
[Provisions relevant to the enactment of this regulation: Local Government Act, R.S.B.C. 2015, c. 1, s. 510 (7)]
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