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B.C. Reg. 90/2024, deposited April 29, 2024, under the PROPERTY TRANSFER TAX ACT [section 37 (2) and (3)]. Order in Council 216/2024, approved and ordered April 29, 2024.
On the recommendation of the undersigned, the Lieutenant Governor, by and with the advice and consent of the Executive Council, orders that the attached Property Transfer Tax Exemption Regulation No. 35 is made.
— K. CONROY, Minister of Finance; M. RANKIN, Presiding Member of the Executive Council.
PROPERTY TRANSFER TAX EXEMPTION REGULATION No. 35
Exemption
1 The Tsain-Ko Housing Society is exempt from tax payable under the Property Transfer Tax Act in respect of the November 28, 2023 taxable transaction by which the Tsain-Ko Housing Society acquired a leasehold estate in the property legally described as follows:
Lot A Sechelt Band Lands (Sechelt) No. 2, formerly known as Sechelt Indian Reserve Number 2, Group 1 New Westminster District Plan EPP100334, PID 031-060-692.
Retroactive effect
2 This regulation is retroactive to November 28, 2023, with effect on and after that date.
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