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"Point in Time" Regulation Content

Land Tax Deferment Act

Interest Rate Regulation

B.C. Reg. 50/2006

 Note: This regulation has been placed in the Regulations Point in Time collection. This regulation is not repealed.

B.C. Reg. 50/2006
M56/2006
Deposited March 23, 2006

Land Tax Deferment Act

Interest Rate Regulation

 Interest rate

1  For the purposes of sections 8 and 9 of the Land Tax Deferment Act, the interest rate for the 6 month period beginning April 1, 2006, is 3.0 percent a year.

Note: this regulation replaces B.C. Reg. 280/2005.

[Provisions of the Land Tax Deferment Act, R.S.B.C. 1996, c. 249, relevant to the enactment of this regulation: sections 8 (3) and 9 (3)]