47. The value entered on the roll of the land forming the road bed of the railway of a railway company, except the road bed of a railway situated in a yard or building, is determined in conformity with section 48.
The road bed includes the ditches and embankments laid out on each side of the railway for the purposes of the railway.
1979, c. 72, s. 47; 1986, c. 34, s. 3; 1993, c. 43, s. 2.