B.C. Reg. 560/2004, deposited December 8, 2004, pursuant to the ASSESSMENT ACT [Section 19 (14)]. Order in Council 1209/2004, approved and ordered December 7, 2004.

On the recommendation of the undersigned, the Lieutenant Governor, by and with the advice and consent of the Executive Council, orders that section 1 (a) of the Prescribed Classes of Property Regulation, B.C. Reg. 438/81, is amended by adding the following subparagraph:

(iv) in respect of a single family residence that is the principal residence of the owner or manager,

(A) rooms within the residence that are offered for rent or rented by the owner or manager as bed and breakfast accommodation

(I) for periods of less than 7 days, and

(II) for at least 50% of the 12 month period ending on October 31 of the year previous to the taxation year for which the assessment roll is completed,

other than that area equivalent to 3 times the average room size of all the rooms within the residence that are offered for rent or rented by the owner or manager as bed and breakfast accommodation, and

(B) the proportion of the common area of the residence that the area of the rooms described in clause (A) and not included in this class is of the total area of the residence.

— G. ABBOTT, Minister of Sustainable Resource Management; S. BOND, Presiding Member of the Executive Council.

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