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B.C. Reg. 82/2016
M101/2016
Deposited March 22, 2016
effective March 22, 2016
This consolidation is current to August 26, 2025.

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, 2016 is 0.70% 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, 2016 is 2.70% a year.

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