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Newfoundland and Labrador
and Sewage Tax Rate for the Hydroelectric Generating Plant located in the Town
of Bishop's Falls Regulations
(Filed August 12, 2014)
Under the authority of subsection 131(8) of the Municipalities Act, 1999, I make the following regulations.
1. Short title
2. Water and sewage tax rate
regulations may be cited as the Water and
Sewage Tax Rate for the Hydroelectric Generating Plant located in the Town of
Water and sewage tax rate
2. (1) The water and sewage tax rate imposed
by the council for the Hydroelectric Generating Plant located in the Town of
(2) In subsection (1)
(a) "mill rate" means the same mill rate applied by the council to all commercial properties in the town; and
(b) "assessed value" means the assessed value of the Hydroelectric Generating Plant as assessed in accordance with the Assessment Act, 2006.
(3) Notwithstanding subsection (1), the maximum allowable mill rate shall not exceed the mill rate imposed on other commercial properties in the town.