Federal Real Property and Federal Immovables Regulations

3 (1) These Regulations do not apply in respect of

• (a) expropriations of real property by Her Majesty; and

• (b) dispositions, other than by lease or easement, if the whole of the purchase price or other consideration is not received by Her Majesty at or before completion of the disposition.

(1.1) Notwithstanding paragraph (1)(b) and that the whole of the purchase price or other consideration is not received by Her Majesty at or before completion of the disposition, these Regulations apply in respect of dispositions of federal real property by Her Majesty to a Crown corporation, as defined in subsection 83(1) of the Financial Administration Act, whose instrument of incorporation specifically limits its activities or businesses to acquiring, purchasing, leasing, holding, improving, managing, selling, turning into account or otherwise dealing in or disposing of real property or any interest therein.

(2) Sections 7 to 10 do not apply in respect of leases, surrenders of leases and acceptances of surrenders of leases.