Note: This regulation has been placed in the Regulations Point in Time collection. This regulation is not repealed.
| B.C. Reg. 59/2009 M64/2009 | Deposited March 4, 2009 |
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, 2009 is 1.5% 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, 2009 is 3.5% a year.
Note: this regulation replaces B.C. Reg. 232/2008.
[Provisions of the Land Tax Deferment Act, R.S.B.C. 1996, c. 249, relevant to the enactment of this regulation: sections 8 and 9]