37 (1) The yearly assessment roll of a municipality last returned to the clerk, when corrected and revised by the Assessment Review Board and certified by the registrar, is for all purposes the last revised assessment roll of the municipality.  R.S.O. 1990, c. A.31, s. 37 (1); 1997, c. 23, s. 1 (1). Last revised assessment roll where no appeals made (2) Where in a municipality no appeals are made to the Assessment Review Board and the time for appealing has elapsed, the assessment roll shall be presented by the clerk to the registrar and if he or she is satisfied that there have been no such appeals he or she shall certify the roll and the roll, as so certified, is for all purposes the last revised assessment roll of the municipality.  R.S.O. 1990, c. A.31, s. 37 (2); 1997, c. 23, s. 1 (1). Last revised assessment roll, non-municipal territory (3) The yearly assessment roll for non-municipal territory last returned to the Minister, when corrected and revised under this Act, is for all purposes the last revised assessment roll for non-municipal territory.  2006, c. 33, Sched. A, s. 26 (1). Use of last revised roll, municipality (4) In every municipality, the rates of taxation for each year shall be fixed and the taxes shall be levied on the assessment made for the year according to the last revised assessment roll.  2006, c. 33, Sched. A, s. 26 (1). Use of roll as returned, municipality (4.1) Despite subsection (4), the council of the municipality may fix the rates of taxation and levy the taxes for a year (the “taxation year”) on the assessment made in the preceding year according to the assessment roll as returned for the taxation year.  2006, c. 33, Sched. A, s. 26 (1). Use of last revised roll, non-municipal territory (4.2) In non-municipal territory, the rates of taxation for each year shall be levied on the assessment made for the year according to the last revised assessment roll.  2006, c. 33, Sched. A, s. 26 (1). Use of roll as returned, non-municipal territory (4.3) Despite subsection (4.2), the rates of taxation for each year may be levied on the assessment made in the preceding year according to the assessment roll as returned for the taxation year.  2006, c. 33, Sched. A, s. 26 (1). Rights of appeal preserved (5) Nothing in this section deprives a person of a right of appeal provided for in this Act, which may be exercised and the appeal proceeded with in accordance with this Act, despite the fact that the assessment roll has become the last revised assessment roll.  2006, c. 33, Sched. A, s. 26 (1). Adjustment of taxes as result of appeal (6) No assessment shall be increased, reduced or otherwise altered until all complaints, reconsiderations, appeals or proceedings concerning the assessment have been finally determined and disposed of and, where the result of the final determination and disposition of the complaints, reconsiderations, appeals or proceedings increases, reduces or otherwise alters the assessment, the taxes levied and payable with respect to the assessment shall be adjusted accordingly and any overpayment resulting from the adjustment shall be refunded by the municipality or the Minister, as the case may be.  2008, c. 7, Sched. A, s. 9. Special Act superseded (7) Where a special Act conflicts with this section, this section prevails.  R.S.O. 1990, c. A.31, s. 37 (7). Section Amendments with date in force (d/m/y) 1997, c. 23, s. 1 (1) - 28/11/1997 2006, c. 33, Sched. A, s. 26 (1, 2) - 01/01/2008 2008, c. 7, Sched. A, s. 9 - 14/05/2008