September 22, 2004
The Lieutenant Governor in Council makes the Exemption Amendment Regulation set out in the attached Appendix.
For Information only
Recommended by: Minister of Government Services
Authority: Real Estate Act
Real Estate Act
EXEMPTION AMENDMENT REGULATION
1 The Exemption Regulation (AR 111/96) is amended by this Regulation.
2 Section 2 is amended
(a) in subsection (1) by striking out exempted and substituting exempt;
(b) by adding the following after subsection (2):
(3) The following persons are exempt from the Act as it relates to acting as a real estate appraiser:
(a) a person who appraises a business that has no premises or other interests in land;
(b) an accredited municipal assessor of Alberta or a candidate member as defined in the Municipal Assessor Regulation (AR 84/94), when the accredited municipal assessor or candidate member is involved in the practice of assessment as defined in the Municipal Assessor Regulation (AR 84/94).
3 This Regulation comes into force on October 1, 2004.