Retention of Commercial Vehicle Licence Fees Regulation

B.C. Reg. 259/2023
Treasury Board

Deposited December 4, 2023
effective April 1, 2024

This consolidation is current to December 9, 2025.

Link to consolidated regulation (PDF)

Financial Administration Act

Retention of Commercial Vehicle Licence Fees Regulation

Definition

1 In this regulation, "corporation" means the Insurance Corporation of British Columbia.

Retention of fees

2 The corporation is authorized to retain, as remuneration for services performed by the corporation in relation to the administration of Class 1 mandatory entry-level training, up to $1 250 000 annually from commercial vehicle licence fees collected by the corporation under item 2 (a) of the Schedule to the Commercial Transport Fees Regulation.

[Provisions relevant to the enactment of this regulation: Financial Administration Act, R.S.B.C. 1996, c. 138, s. 14 (2).]