Owner to notify local authority of acquisition of property

(1) Any person who becomes the owner of any property on or after the date on which this Act comes into force in respect of any town in which such property is situated shall, within thirty days after becoming such owner, give notice thereof in writing to the local authority of that town. (2) The local authority shall make such amendment to the particulars relating to the party assessed in the valuation roll and in the rate book for its town as are necessary in consequence of any such notice. (3) Where as a result of such amendment it appears to the local authority that the valuation in the valuation roll requires to be amended or that an additional valuation requires to be inserted in that roll the local authority shall forthwith inform the valuation officer of the matter and he shall cause such alterations as he considers necessary to be made in the roll in accordance with this Act. (4) Any person who refuses or wilfully neglects to give notice in accordance with subsection (1) of this section is liable on summary conviction to a fine not exceeding fifty dollars.