M-14, r. 1 - Regulation respecting the registration of agricultural operations and the payment of property taxes and compensations

Section 10 Disposition versions

2014-07-24

10. For an agricultural operation to qualify for the payment of property taxes and compensations, the person applying for payment must show that the agricultural operation has generated a minimum average gross revenue of per $100 of property assessment equal to or greater than the difference between $8 and the product obtained pursuant to section 10.1, rounded up to the nearest tenth of a dollar, in respect of the immovables situated in the agricultural zone and forming part of the agricultural operation during the calendar year that ended before the beginning of the fiscal year for which an application for payment is made. To that end, an immovable that began to form part of the agricultural operation in that year is not taken into account. As of 1 January 2015, the amount of $8 is set at $5.

A registered agricultural operation shall be exempt from the requirement to produce the minimum average gross revenue in the following cases:

(1)  the agricultural operation is registered for the first time during the fiscal year for which an application for payment is made or was registered for the first time during one of the 2 fiscal years preceding the fiscal year for which an application for payment is made;

(2)  reforestation or development work has been carried out or undertaken with a view to producing such a revenue in the future, taking into account the special features of the production;

(3)  a new production has been undertaken with a view to producing such a revenue in the future, taking into account the special features of the production;

(4)  the production or sale of agricultural products is temporarily limited owing to exceptional natural causes or adverse market conditions; or

(5)  the necessary measures have been taken to develop the property investments to produce such a revenue during the fiscal year for which an application for payment is made.

O.C. 340-97, s. 10; O.C. 817-2007, s. 7; O.C. 618-2014, s. 6.

2012-09-01

10. For an agricultural operation to qualify for the payment of property taxes and compensations, the person applying for payment must show that the agricultural operation has generated a minimum average gross revenue of at least $8 per $100 of property assessment in respect of the immovables situated in the agricultural zone and forming part of the agricultural operation during the calendar year that ended before the beginning of the fiscal year for which an application for payment is made. To that end, an immovable that began to form part of the agricultural operation in that year is not taken into account.

A registered agricultural operation shall be exempt from the requirement to produce the minimum average gross revenue in the following cases:

(1)  the agricultural operation is registered for the first time during the fiscal year for which an application for payment is made or was registered for the first time during one of the 2 fiscal years preceding the fiscal year for which an application for payment is made;

(2)  reforestation or development work has been carried out or undertaken with a view to producing such a revenue in the future, taking into account the special features of the production;

(3)  a new production has been undertaken with a view to producing such a revenue in the future, taking into account the special features of the production;

(4)  the production or sale of agricultural products is temporarily limited owing to exceptional natural causes or adverse market conditions; or

(5)  the necessary measures have been taken to develop the property investments to produce such a revenue during the fiscal year for which an application for payment is made.

O.C. 340-97, s. 10; O.C. 817-2007, s. 7.