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B.C. Reg. 125/2004, deposited March 26, 2004, pursuant to the HOTEL ROOM TAX ACT [Section 43 (2) (e) and (f)]. Order in Council 297/2004, approved and ordered March 25, 2004.
On the recommendation of the undersigned, the Lieutenant Governor, by and with the advice and consent of the Executive Council, orders that, effective June 1, 2004, the following regulation is made:
ADDITIONAL TAX REGULATION (DISTRICT OF WELLS)
1 Section 2 (1) of the Hotel Room Tax Act applies in respect of accommodation purchased within the District of Wells on or before June 1, 2009.
2 The additional tax payable under that section is 2% of the purchase price of the accommodation.
3 The purposes for which the amount paid to the municipality out of the revenue collected from the tax may be expended are tourism marketing, programs and projects.
— G. COLLINS, Minister of Finance; K. FALCON, Presiding Member of the Executive Council.
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