B.C. Reg. 197/2004, deposited April 30, 2004, pursuant to the PORTS PROPERTY TAX ACT [Sections 2 and 6]. Order in Council 424/2004, approved and ordered April 29, 2004.

On the recommendation of the undersigned, the Lieutenant Governor, by and with the advice and consent of the Executive Council, orders that the attached Eligible Port Property Designation Regulation is made.

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

ELIGIBLE PORT PROPERTY DESIGNATION REGULATION

Definition

1 In this regulation, "Act" means the Ports Property Tax Act.

Designated property: 2004 assessment rolls

2 (1) The land identified by the assessment roll numbers listed in section 1 of the Schedule to this regulation, and the improvements on that land, are designated for the purposes of

(a) section 3 [property tax rate cap on designated port facilities] of the Act, and

(b) section 4 [property tax rate cap on new investment in port facilities] of the Act.

(2) This section is retroactive to the extent necessary to apply for the purposes of the 2004 taxation year in relation to the land and improvements referred to in subsection (1).

Schedule

Assessment Roll Designations

2004 assessment roll designations

1 In the following table,

(a) the assessment roll numbers are those on the assessment rolls prepared by the British Columbia Assessment Authority for the 2004 taxation year, as at April 7, 2004, and

(b) the municipality and terminal names are listed for ease of reference only and do not affect the designation by assessment roll number.

Copyright © 2004: Queen's Printer, Victoria, British Columbia, Canada