Leasing and Other Disposition of Property
Marginal note:Director may lease land
25. Any land or other property purchased or held by the Director may, pending sale, or re-sale, as the case may be, be leased by the Director or otherwise dealt with upon terms satisfactory to the Minister.
- R.S., 1952, c. 280, s. 22.
Amended Sale Price
Marginal note:Amended sale price
26. (1) If the Director deems that any property acquired by him cannot or ought not to be sold subject, whether as to sale price or otherwise, to the provisions of section 11, 13 or 23, he shall report to the Minister the circumstances, with a statement of the cost of such property, and shall recommend another sale price or other terms of sale, after which any sale of such property may be made for such sale price, or upon such terms, as the Governor in Council may approve, and for the purposes of sections 11, 13 and 24 the cost to the Director shall be deemed to be the sale price so approved.
Marginal note:Prior contracts not invalid
(2) Any contract for the sale of land made by the Director in accordance with an order of the Governor in Council prior to the 10th day of December 1949 is hereby ratified, and for the purposes of sections 11 and 24 the cost to the Director of the land shall be deemed to be the cost price to the Director of the land as stated in the contract.
- R.S., 1952, c. 280, s. 23.
Marginal note:Sale on new terms
27. Notwithstanding anything in this Act, where a veteran with whom the Director has a subsisting contract under section 11 or 26 notifies the Director that he does not wish to be bound by the provisions of the contract respecting residence or personal operation of the property to which the contract relates, the Director may terminate that contract and enter into another contract with the veteran for the sale of that property for an amount equal to the outstanding indebtedness of that veteran to the Director under this Act, with interest at the rate prescribed by regulation of the Governor in Council and on such other terms and conditions as may be agreed on by the veteran and the Director.
- R.S., 1970, c. V-4, s. 27;
- 1980-81-82-83, c. 78, s. 12.
Sales for Special Purposes
Marginal note:Conditions for sale
28. The Director may sell any land that is at his disposal for sale,
(a) as a site for a dairy factory, cheese factory, fruit preserving factory, or creamery, or for any educational, religious or charitable purpose, or for any other purpose in the public interest, or
(b) to any provincial or municipal authority for any purpose.
- R.S., 1952, c. 280, s. 24.
Lands Taken for Public Purposes
Marginal note:Local authorities may take lands with consent of Governor in Council
29. (1) Where by an Act of the Parliament of Canada or a provincial legislature, Her Majesty in right of a province, a municipal or local authority or a corporation is empowered to take or to use lands or any interest therein without the consent of the owner, the power may, with the consent of the Governor in Council and subject to any terms that may be prescribed by the Governor in Council, be exercised in relation to lands vested in the Director.
(2) Unless the Governor in Council otherwise directs, all matters relating to compulsory taking or using under subsection (1) of lands vested in the Director shall be governed by the statute by which the power is conferred.
(3) Any amount that is awarded in respect of the compulsory taking or using of land under this section or that is paid for a transfer or conveyance of land pursuant to this section shall be paid to the Director for the use and benefit of the person, if any, who is entitled to compensation or payment as a result of the exercise of the power referred to in subsection (1), and where the person so entitled is a veteran the amount so awarded shall be distributed in accordance with section 13 and, for the purposes of that section, shall be deemed to be proceeds of the sale of the land.
- 1959, c. 37, s. 7.
- Date modified: