Definition

0.1   In this regulation, "gathering pipeline" means a gathering pipeline as defined in the Prescribed Classes of Property Regulation, B.C. Reg. 438/81.

[en. B.C. Reg. 500/2003, s. 1.]

Application

1   This regulation must be used for determinations of value for the purposes of assessment for the 2025 and subsequent taxation years.

[en. B.C. Reg. 286/90, s. 1; am. B.C. Regs. 503/92, s. 1; 456/94, s. 1; 352/96, s. 1; 378/97, s. 1; 419/98, s. 1; 423/99, s. 1; 315/2000, s. 1; 281/2001, s. 1; 361/2002, s. 1; 500/2003, s. 2; 552/2004, s. 1; 378/2005, s. 1; 365/2006, s. 1; 350/2007, s. 1; 372/2010, s. 1; 221/2011, s. 1; 394/2012, s. 1; 252/2013, s. 1; 232/2014, s. 1; 263/2015, s. 1; 316/2016, s. 1; 243/2017, s. 1; 282/2018, s. 1; 282/2019, s. 1; 297/2020, s. 1; 312/2021, s. 1; 258/2022, s. 1; 251/2023, s. 1; 285/2024, s. 1.]

Repealed

2   Repealed. [B.C. Reg. 293/89, s. 3.]

Railway corporations, track in place

3   (1) In this section a reference to

(a) "Class 1 track" means track in place comprising a trackage system that carries an annual gross tonnage of 35 million tons or more,

(b) "Class 2 track" means track in place comprising a trackage system that carries an annual gross tonnage of 21 million tons but under 35 million tons,

(c) "Class 3 track" means track in place comprising a trackage system that carries an annual gross tonnage of 11 million tons but under 21 million tons,

(d) "Class 4 track" means

(i) track in place comprising a trackage system that carries an annual gross tonnage of 4 million tons but under 11 million gross tons, or

(ii) track in place of a siding, spur or wye not classed as Class 5 or Class 6 track,

(e) "Class 5 track" means

(i) track in place comprising a trackage system of any gauge that carries an annual gross tonnage of under 4 million gross tons, or

(ii) track in place of a siding, spur, wye or yard track associated with a trackage system that carries an annual gross tonnage of under 4 million tons, or

(iii) track in place of a siding, spur or wye which is not in use on September 30 in the year preceding the year for which the assessment roll or revised assessment roll is prepared, was unused for the immediately preceding year, and is not usable in any other trackage system,

(f) "Class 6 track" means track in place comprising a trackage system located within a rail yard and outside the continuous strip of 100 feet in width used for the operation of track in place of a railway corporation and not associated with a Class 5 trackage system,

(g) "Class 7 track" means track in place that is unusable for commercial railway traffic on a line or on a siding or spur of a line in respect of which formal approval for abandonment has been received and a copy of the "Certificate of Abandonment" has been provided to the assessment authority,

(h) "Class 8 track" means track in place that is the second track of a Class 1 double track system having two closely parallel rail lines on the same roadbed,

(i) "Class 9 track" means track in place that is the second track of a Class 2 double track system having two closely parallel rail lines on the same roadbed,

(j) "Class 10 track" means track in place that is the second track of a Class 3 double track system having two closely parallel rail lines on the same roadbed, and

(k) "Class 11 track" means track in place that is the second track of a Class 4 double track system having two closely parallel lines on the same roadbed.

(2) The actual value of the track in place of a railway corporation must be determined using the following rates:

(a) Class 1 track, $268 100 per kilometre;

(b) Class 2 track, $261 800 per kilometre;

(c) Class 3 track, $246 900 per kilometre;

(d) Class 4 track, $178 200 per kilometre;

(e) Class 5 track, $17 500 per kilometre;

(f) Class 6 track, $137 100 per kilometre;

(g) Class 7 track, $0 per kilometre;

(h) Class 8 track, $215 300 per kilometre;

(i) Class 9 track, $204 900 per kilometre;

(j) Class 10 track, $170 900 per kilometre;

(k) Class 11 track, $144 400 per kilometre.

[am. B.C. Regs. 391/88, ss. 3 and 4; 293/89, ss. 4 and 5; 286/90, s. 2; 503/92, ss. 2 and 3; 413/93, s. 2; 456/94, s. 2; 352/96, s. 2; 378/97, s. 2; 419/98, s. 2; 423/99, s. 2; 315/2000, s. 2; 281/2001, s. 2; 361/2002, s. 2; 500/2003, ss. 3 and 4; 552/2004, s. 2; 378/2005, s. 2; 365/2006, s. 2; 300/2007, s. 3; 350/2007, ss. 2 and 3; 372/2010, s. 2; 221/2011, s. 2; 394/2012, s. 2; 252/2013, s. 2; 232/2014, s. 2; 263/2015, s. 2; 316/2016, s. 2; 243/2017, s. 2; 282/2018, s. 2; 282/2019, s. 2; 297/2020, s. 2; 312/2021, s. 2; 258/2022, s. 2; 251/2023, s. 2; 285/2024, s. 2.]

Pipeline corporations, pipelines

4   The actual value of pipelines referred to in section 21 (1) (c) of the Assessment Act must, except where section 5 applies, be determined by applying the rates set out in Schedule A for gathering pipelines and Schedule B for transmission pipelines.

[am. B.C. Regs. 500/2003, s. 5; 316/2016, s. 3.]

Pipeline corporations, special cases

5   (1) Where, in respect of a pipeline referred to in section 21 (1) (c) of the Assessment Act,

(a) the pipeline has been abandoned in accordance with the Energy Resource Activities Act and in respect of which the permit holder has obtained a certificate of restoration, and

(b) the pipeline would, if valued under section 19 of the Assessment Act and in that reference to section 21 of the Assessment Act, have no value,

the actual value of the pipeline must be determined using a rate of one dollar.

(2) Where operations of a pipeline have been suspended for a period of one year or more, 10% of the scheduled rate for the pipe size must be used.

(3) Where a pipeline is placed directly on the ground and, except for extraordinary stream or ravine crossings, is without human-made foundations, it must be valued at 50% of the scheduled rate if

(a) the length of that section of the pipeline is 20 km or over, and

(b) the diameter of the pipe, throughout the section, is not more than 168 mm.

[am. B.C. Regs. 391/88, s. 5; 503/92, s. 4; 300/2007, s. 3; 372/2010, s. 3; 316/2016, s. 3; 44/2021; 251/2023, s. 3.]

Pipelines under construction

6   Where the track in place referred to in section 21 (1) (b) or a pipeline referred to in section 21 (1) (c) of the Assessment Act is under construction, the assessor must determine the percentage complete as of October 31 and the actual value of the track in place or pipeline must be determined by applying the percentage complete to the rate prescribed for that class.

[en. B.C. Reg. 413/93, s. 3; am. B.C. Reg. 316/2016, s. 3.]

Repealed

7   Repealed. [B.C. Reg. 365/2006, s. 3.]

Repealed

8   Repealed. [B.C. Reg. 316/2016, s. 4.]