Veterans Land Act

Property Purchase Tax Act (Continued) #107

Legally Speaking

By Gerry Neely B.A. LL.B On July 10, 1987, the Ministry of Finance closed the loophole referred to in the second example in Column 106 by an amendment to the PPTA, rather than by regulation. The first example given in that column of the purchase by a husband and wife was intended to illustrate the

Property Purchase Tax Act and Other Odds and Sods #104

Legally Speaking

By Gerry NeelyB.A. LL.B. The Property Purchase Tax Act, although it has only received first reading, is here to stay. The amendments to the Bill published in the Orders of the Day of May 19, 1987, primarily remove ambiguities from the Bill as originally drafted. They do remove the original perceived inequities that would have

The Veterans Land Act Requires Special Consideration #13

Legally Speaking

By Gerry NeelyB.A. LL.B. A listing given by a veteran who occupies land and improvements under an unregistered Agreement for Sale from the Director, The Veterans Land Act, requires special consideration on the part of the licencee who takes the listing. The reason for this is that the veteran does not have an unfettered right to