Definitions

1   In this regulation:

"British Columbia consumer price index" means the annual average All-items Consumer Price Index for British Columbia, as published by Statistics Canada under the authority of the Statistics Act (Canada) for the previous calendar year;

"development cost charge amendment bylaw" means a bylaw that changes the amount of a development cost charge specified in a development cost charge bylaw;

"Vancouver consumer price index" means the annual average Consumer Price Index for Vancouver, as published by Statistics Canada under the authority of the Statistics Act (Canada) for the previous calendar year;

"Victoria consumer price index" means the annual average Consumer Price Index for Victoria, as published by Statistics Canada under the authority of the Statistics Act (Canada) for the previous calendar year.

Exemption — approval of development cost charge bylaws

2   (1) Subject to subsections (2) and (3), a development cost charge amendment bylaw is exempt from the approval requirement in section 560 [inspector approval of development cost charge bylaw] of the Local Government Act if

(a) the bylaw changes the amount of one or more development cost charges once in a 12 month period after the date of the adoption of the bylaw, and

(b) the change in the amount of the development cost charge does not exceed

(i) in respect of a municipality in the Metro Vancouver Regional District or Fraser Valley Regional District, the percentage change in the Vancouver consumer price index,

(ii) in respect of a municipality in the Capital Regional District, the percentage change in the Victoria consumer price index, or

(iii) in respect of a municipality located anywhere else in British Columbia, the percentage change in the British Columbia consumer price index.

(2) A local government may make use of an exemption under subsection (1) once each year for up to 4 years from

(a) the date of the adoption of a development cost charge bylaw approved by the inspector, or

(b) the date of the adoption of a bylaw approved by the inspector that amends a development cost charge bylaw.

(3) A copy of a development cost charge amendment bylaw under subsection (1) must be filed as soon as is reasonable with the inspector after the bylaw has been adopted.

[am. B.C. Reg. 117/2018, s. 6.]