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Federal Real Property and Federal Immovables Regulations

Version of section 3 from 2020-06-18 to 2024-04-01:

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

    • (a) expropriations of real property or an immovable by Her Majesty; or

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

  • (2) Despite paragraph (1)(b) and the fact 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 to a Crown corporation, within the meaning of subsection 83(1) of the Financial Administration Act, whose instrument or act of incorporation specifically limits its activities or businesses to the purposes and objectives of acquiring, purchasing, leasing, holding, improving, managing, exchanging, selling, turning into account or otherwise dealing in or disposing of personal property or real property or of any interest in that property, or of movables or immovables or of a real right in that property.

  • (3) Sections 7 to 10 do not apply to leases, surrenders or resiliations of leases or to acceptances of surrenders or resiliations of leases.

  • SOR/2000-254, s. 1
  • SOR/2007-43, s. 1
  • SOR/2020-134, s. 3

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