Federal Real Property Regulations (SOR/92-502)

Regulations are current to 2014-04-02 and last amended on 2007-02-22. Previous Versions

ADMINISTRATION AND CONTROL

  •  (1) A Minister may transfer to Her Majesty in right of a province, by instrument satisfactory to the Minister of Justice, the administration and control of the entire or any lesser interest of Her Majesty in any federal real property, either in perpetuity or for any lesser term.

  • (2) A Minister may accept on behalf of Her Majesty a transfer of the administration and control satisfactory to the Minister of Justice of the entire or any lesser interest of Her Majesty in right of a province in any real property, including such transfers made by grant, vesting order or other conveyancing instrument, either in perpetuity or for any lesser term.

  • (3) In the case of retrocession or reversion to Her Majesty in right of a province or Her Majesty in right of Canada of the administration and control of the entire or any lesser interest in any real property, a Minister may give effect to that retrocession or reversion by instrument satisfactory to the Minister of Justice, notwithstanding the requirement, in the original transfer of administration and control, to proceed by order in council or written notice.

  • SOR/2000-254, s. 2.

ADMINISTRATION OR ADMINISTRATIVE RESPONSIBILITY

  •  (1) A Minister may

    • (a) transfer the administration of any federal real property to another Minister or to an agent corporation that has the authority under any other Act of Parliament to acquire the real property;

    • (b) transfer to another Minister the administrative responsibility for a licence of which Her Majesty is the licensee;

    • (c) accept the transfer of the administration of any federal real property from another Minister or from an agent corporation that has the authority under any other Act of Parliament to dispose of the real property; and

    • (d) accept from another Minister the transfer of the administrative responsibility for a licence of which Her Majesty is the licensee.

  • (1.1) A Minister shall not

    • (a) make a transfer to an agent corporation under paragraph (1)(a), or

    • (b) accept a transfer from an agent corporation under paragraph (1)(c)

    unless the transfer is consented to in writing by the agent corporation.

  • (2) Every transfer and acceptance referred to in subsection (1) shall be in writing and shall be effective when it is signed by both parties and countersigned by the Minister of Justice.

  • SOR/93-305, s. 1.

ACQUISITION TERMS

 A Minister may

  • (a) in an acquisition, agree to pay, in addition to the purchase price of and other consideration for the real property, such amounts as the Minister may approve in respect of the legal fees and disbursements of the real property owner that are reasonably incurred, and any taxes and other adjustments; and

  • (b) if the completion of an acquisition is unreasonably delayed through no fault of the real property owner, pay interest for the period of the delay at a rate that is not greater than one and one-half per cent above the average accepted tender rate of Government of Canada three month Treasury Bills, as announced by the Bank of Canada on behalf of the Minister of Finance, which tender rate shall be the last tender rate to be announced before the day on which the contract was executed.

  • SOR/2000-254, s. 3.