4. An assessor keeps up to date for each unit of assessment a property record composed of administrative information, descriptive information and assessment results concerning that unit.
To that end, the assessor gathers, records and establishes the information provided for in Part 2C of the Manual.
Despite the foregoing, for the purposes of any roll coming into force not later than 1 January 2018, when gathering, recording and establishing information in respect of a non-residential building which, under the Regulation to amend the Regulation respecting the real estate assessment roll made by the Minister’s Order dated 20 July 2010, constitutes descriptive information, an assessor is not required to take into account the following amendments:
(1) the amendments made by the Regulation to amend the real estate assessment roll, made by the Minister’s Order dated 20 July 2010;
(2) the amendments consequential to any updating of the Manual after 18 August 2010.
Subject to section 12.2, the obligation provided for in the first paragraph does not have the effect of forcing an assessor to verify the accuracy of the descriptive information in his or her possession concerning the assessment unit within a period shorter than that provided for in section 36.1 of the Act. Despite the foregoing, an assessor must verify the accuracy of such information each time that he or she is required under section 175 of the Act to alter the entries on the roll that concern the unit.
M.O. 94-09-01, s. 4; M.O. 2000-06-14, s. 2; M.O. 2010-07-20, s. 2; M.O. 2015-06-08, s. 1.