Definition

1   In this regulation, "Act" means the Ports Property Tax Act.

Interpretation of Schedule

2   In the Schedule,

(a) an assessment roll number set out in Column 1 of the Schedule is the number on the assessment roll prepared by the British Columbia Assessment Authority for the 2025 taxation year, as at December 31, 2024, and

(b) Repealed. [B.C. Reg. 345/2012, s. 1 (b).]

(c) the municipality and terminal names set out in Columns 2 and 3 of the Schedule are listed for ease of reference only and do not affect the designation by assessment roll number.

[am. B.C. Regs. 387/2010, s. 1; 345/2012, s. 1; 261/2013, s. 1; 258/2014, s. 1; 256/2015, s. 1; 281/2016, s. 1; 228/2017, s. 1; 274/2018, s. 1; 273/2019, s. 1; 280/2020, s. 1; 329/2021, s. 1; 242/2022, s. 1; 287/2023, s. 1; 278/2024, s. 1.]

Designated property

3   The land identified by the assessment roll numbers listed in Column 1 of the Schedule, and the improvements on that land, are designated for the purposes of

(a) section 3 [property tax rate cap on designated port facilities] of the Act, and

(b) section 4 [property tax rate cap on new investment in port facilities] of the Act.