Thank you, Madam Speaker.

Madam Speaker, I move, seconded by the honourable Member of Yellowknife South that Bill 66, An Act to Amend the Property Assessment and Taxation Act, be read for the second time.

This bill makes several amendments to the Property Assessment and Taxation Act. The bill adjusts and clarifies certain definitions. It also gives the director of assessments greater authority in respect of first assessment orders, corrections to the rolls, and carrying out supplementary assessments.

The bill updates provisions respecting municipal boards of revision, territorial boards of revision and the assessment appeal tribunal to extend terms of appointment, to adjust decision-making timelines, to allow for sole adjudication in certain circumstances; and, to change the title of "secretary" to "registrar."

The bill also gives municipal employees the ability to purchase property at public auction with the approval of municipal council. Thank you, Madam Speaker.