35 (1) The person against whom land is assessed shall be notified by mail if any of the following occur: 1.  The assessment of the land is corrected under section 32. 2.  The land is assessed or classified under section 33 or 34.  1997, c. 29, s. 19. Notice to tenants (2) A person who receives notice under subsection (1) shall, within 14 days after receiving the notice, give a copy of the notice to each tenant who, under the tenant’s lease, is required to pay or reimburse the landlord for all or part of the taxes on the land.  1997, c. 29, s. 19. (2.1) Repealed:  2008, c. 7, Sched. A, s. 7. Distribution (3) When the tax roll is altered pursuant to section 33 or 34 and taxes are levied thereon, (a)  the amount thereof that, if the taxes had been levied in the usual way, would have been paid to any body for which the council is required by law to levy rates or raise money shall be set up in the accounts of the municipality as a credit accruing to that body in the same proportion as the levy for that body bears to the total levy; (b)  the amount credited to a body under clause (a) shall be paid to the body not later than the 31st day of December in the year in which it was levied; (b.1)  except where the body under clause (a) is a school board, the amount credited to a body under clause (a) shall be used by the body to reduce the levy in the next succeeding year; (b.2)  if the amount or any portion thereof credited to a body other than a school board is not paid over to the body on or before the 31st day of December in the year in which it was levied, the municipality so in default shall, if demanded by the body, pay interest thereon to the body at the rate of 6 per cent per annum or such higher rate as may from time to time be prescribed by the Lieutenant Governor in Council by regulation for the purpose of this clause from the date until payment is made; (b.3)  if the amount or any portion thereof credited to a school board is not paid over to the school board on or before the 31st day of December in the year in which it was levied, the municipality so in default shall, if demanded by the Minister of Finance, pay interest thereon to the board at the rate of 6 per cent per annum or such higher rate as may from time to time be prescribed by the Lieutenant Governor in Council by regulation for the purpose of this clause from the date until payment is made; (c)  the balance remaining after the setting up of all credits as provided in clause (a) shall be taken into the general funds of the municipality; (d)  Repealed:  1997, c. 31, s. 143 (14). (e)  the treasurer shall deliver to each of the bodies entitled to a credit under clause (a) and, where the body is a school board, to the Minister of Education and Training, on or before the 31st day of December in the year in which the taxes were levied, a statement sufficient to permit the correctness of the credit to be determined.  R.S.O. 1990, c. A.31, s. 35 (3); 1997, c. 31, s. 143 (13-15); 2002, c. 17, Sched. F, Table. Tenant’s notice, clarification (4) For greater certainty, a notice given to a tenant under subsection (2) is not a notice of assessment and the tenant may not make a request for reconsideration under section 39.1.  1998, c. 3, s. 9. Regulations, notices (5) The Minister may make regulations that apply if land is assessed against more than one person, (a)  providing that in specified circumstances notice under subsection (1) need not be given to any persons to whom notice is required under that subsection; (b)  providing that in specified circumstances notice under subsection (1) may be given to the persons specified in the regulation instead of to all or to any of the persons to whom notice is required under that subsection.  2012, c, 8, Sched. 1, s. 3. Section Amendments with date in force (d/m/y) 1997, c. 29, s. 19 - 01/12/1997; 1997, c. 31, s. 143 (13-15) - 01/01/1998; 1998, c. 3, s. 9 - 11/06/1998; 1998, c. 33, s. 7 - 18/12/1998 2002, c. 17, Sched. F, Table - 01/01/2003 2008, c. 7, Sched. A, s. 7 - 14/05/2008 2012, c. 8, Sched. 1, s. 3 - 20/06/2012 Time for annual assessment and return of roll