T-7.1, r. 2 - Regulation respecting the alienation and leasing of agricultural lands in the domain of the State

Section 11 Disposition versions

2012-09-01

11. The alienation price of a parcel of land shall be equal to its actual value established according to generally accepted property assessment methods in accordance with the Act respecting municipal taxation (chapter F-2.1).

Where a parcel of land is the subject of a lease, a utilization licence or an occupancy licence granted by the Minister, the alienation price of that land shall be determined according to its actual value, established in accordance with the Act respecting municipal taxation, without taking into account the buildings and other works erected or carried out by the lessee or by the person authorized by the Minister to occupy that land, and that alienation price shall correspond to a percentage of the actual value as determined according to the duration of occupancy as provided in Schedule I. The duration of occupancy is calculated until 24 January 1990.

The lessee of a parcel of land or the person authorized by the Minister to occupy a parcel of land must prove his occupancy of that land and the duration of that occupancy up to the date of his application.

In the absence of such proof, the occupancy is presumed to have begun at the date of the lease or of the utilization licence or occupancy licence for the land.

The price is payable in cash or by exchange.

O.C. 4-90, s. 11.