B.C. Reg. 144/2003, deposited March 28, 2003, pursuant to the PROPERTY TRANSFER TAX ACT [Section 37 (2)]. Order in Council 296/2003, approved and ordered March 28, 2003.

On the recommendation of the undersigned, the Lieutenant Governor, by and with the advice and consent of the Executive Council, orders that the following regulation is made:

BC TRANSPORTATION FINANCING AUTHORITY
PROPERTY TRANSFER TAX EXEMPTION REGULATION NO. 4

Exemption

1 The BC Transportation Financing Authority is exempt from payment of tax under the Property Transfer Act in connection with its acquisition, under section 30 of the Coastal Ferry Act, of ferry terminal properties, as that term is defined in section 30 of that Act.

— G. COLLINS, Minister of Finance; G. CAMPBELL, Presiding Member of the Executive Council.

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