O.C. 436/2004

A.R. 205/2004

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
(section 84)

APPENDIX

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.