25Definitions

25 Definitions

For the purposes of this Division –

structural improvements means any house, cottage, barn, stable, cowshed, hayshed, woolshed, garage, fowlhouse, or other kind of building, bridge, road, fence, yard, gate, wall, tank, dam, dip, weir, windpump, well, or other similar improvements annexed to a holding and includes any wind breaks and shelter belts planted by the tenant in accordance with paragraph (j) of subsection (1) of section twenty-three;

capital value of structural improvements means their capital value determined so as to be –

(a) their value at the date of termination of the title of the outgoing tenant;

(b) their value to any incoming tenant; and

(c) not in excess of the cost (assessed according to the current value of money) of making the improvements; and

outgoing tenant means a tenant who has transferred, surrendered, or forfeited his holding or the personal representative of a deceased tenant whose holding has escheated to the Board, as the case may require.