AI-assisted research summary: This regulation requires the local government district to reduce school taxes for covered parcels, accept the reduced amount as full payment, and reimbursements are paid by the minister; overpayments must be repaid and late amounts bear interest.
School Tax Reduction Regulation (L.G.D. of Pinawa), M.R. 113/2006 The Property Tax and Insulation Assistance Act , C.C.S.M. c. P143 Regulation 113/2006 Registered May 16, 2006 bilingual version (HTML) Table of Contents Section 1 Definition: "local government district" 2 School tax reduction 3 Taxes paid in full 4 Reimbursement 5 Recovery of reduction 6 Coming into force Definition: "local government district" 1 In this regulation, "local government district" means the Local Government District of Pinawa. School tax reduction 2(1) Subject to subsection (1.1), the local government district must, in each year and for each parcel of land within the local government district, deduct from the taxes it levies against the parcel the lesser of (a) 1/2 of the portion of the taxes it imposes for school purposes; and (b) $50. 2(1.1) The local government district must, in each year and for each parcel of land for which the assessed owner of a farm property is entitled to a reduction of the amount payable as school taxes under Part II.2 of The Property Tax and Insulation Assistance Act within the local government district, deduct from the taxes it levies against the parcel the lesser of (a) 1/4 of the portion of the taxes it imposes for school purposes; and (b) $25. 2(2) Where the taxpayer in respect of a parcel of land is a housing co-operative in which not less than 80% of the paid-up share capital is held by members of the co-operative who reside in dwelling units owned by the co-operative, the local government district may, instead of making the deduction for which provision is made in subsection (1), make a separate deduction calculated in the same manner as a deduction under subsection (1) in respect of each separate dwelling unit on the land occupied by a member of the housing co-operative on the basis of a proportionate division of the taxes levied against the land for school purposes equal to the proportionate value of the dwelling units on the land. 2(3) This section does not apply to land entered on the real property tax roll of the local government district that is (a) railway property or pipeline property assessed under The Municipal Assessment Act ; or (b) power lines, telephone lines or pipelines, and land used for the right-of-way of them. S.M. 2021, c. 55, s. 17 ; M.R. 145/2024 Taxes paid in full 3 The local government district must accept, as payment in full of the taxes it levies, the amount of taxes it levies minus the deduction made in accordance with section 2. Reimbursement 4 The minister must reimburse the local government district an amount equal to the amount deducted from taxes under section 2. Recovery of reduction 5(1) If a reduction under section 2 has been paid or allowed to a person who was not eligible for it or in respect of property that was not eligible for it, the person who received the rebate or the benefit of the reduction must pay to the minister, upon receipt of a notice of assessment by the minister, the amount that should not have been paid as a rebate or allowed as a reduction. 5(2) If a person fails to pay when it is due an amount payable under subsection (1), interest is payable by the person on the unpaid amount, at the rate prescribed under The Income Tax Act for the purpose of subsection 5.6(4) of that Act, from the date the municipal taxes levied in respect of the property for the year were due. Coming into force 6 This regulation is deemed to have come into force on April 1, 2005.