Note: This regulation has been placed in the Regulations Point in Time collection. This regulation is not repealed.
| B.C. Reg. 30/2011 M30/2011 | Deposited February 16, 2011 |
Land Tax Deferment Act
Interest Rate Regulation
Interest rate
1 (1) For the purposes of sections 8 (2) and 9 (2) of the Land Tax Deferment Act, the interest rate for the 6-month period beginning April 1, 2011 is 1.00% a year.
(2) For the purposes of sections 8 (3.1) and 9 (5) of the Land Tax Deferment Act, the interest rate for the 6-month period beginning April 1, 2011 is 3.00% a year.
Note: this regulation replaces B.C. Reg. 261/2010.
[Provisions relevant to the enactment of this regulation: Land Tax Deferment Act, R.S.B.C. 1996, c. 249, sections 8 and 9]