Amendment status not verified — confirm the current text below against the official source.
Notwithstanding the fact that any land 01 owned by, Orbu d d ing’s owned by, or let to, two or more persons in let to, two severalty, the Commissioner shall, for the purpose of or more assessing such land or building to property taxes, treat persons in o f p a s o n e property ; severally to 1 1 1 be ordinarily assessedasy Provided that the Commissioner may, in respect one propert of any land or building which was originally treated as one property but which subsequently passes on by transfer, succession or in any other manner to two or more persons who divide the same into several parts and oBtupy them in severalty, treat, subject to any bye-law made in this behalf, each such several part, or two or more of such se veral parts together, as a sepa rate property and assess such part or parts to property taxes accordingly. Assessment in . a n v ) a n d o r building, bearing two or case of more municipal numbers, or portions thereof, be amal- amalga- gamated into one or more new premises, the Commis- mation of sianer shall on su h amalgamation assign to them one premises. o r m O re numbers and assess them to property taxes accordingly: Provided that the total assessment on amalgamation shall not be greater than th<" sum of the pre vious assessments of the several premises except when there is any revaluation of any of the said premises.