Regulation BEFORE repealed by BC Reg 408/2003, effective November 21, 2003.
| B.C. Reg. 112/84 Regulation of the Minister | Deposited April 26, 1984 |
Local Government Act
Regional Hospital District Annual Cost Formula Regulation
WHEREAS section 7911 of the Local Government Act establishes a formula based on the net taxable value of land and improvements for regional hospital district tax purposes;
AND WHEREAS the continuation of this formula according to its true intent has been affected by amendments to legislation recently enacted;
NOW THEREFORE in exercise of a power conferred on me by section p791.12 of the Local Government Act I order that the formula for apportioning the annual cost attributable to each function of a regional district under section 7911 of the Local Government Act be amended on the basis set out in the attached schedule, so that the formula may continue to be applied under section 7911 according to its original intent.
Interpretation
1 For the purposes of this regulation, "property class" means a class of property prescribed by the Lieutenant Governor in Council under section 19 of the Assessment Act.
Net taxable value of land and improvements
2 The net taxable value of land and improvements for regional hospital district tax purposes in each member municipality shall be the sum of A + B + C + D + E + F + G + H + I where
| A | = | 10% of the net taxable value of land and improvements for regional hospital district purposes in property class 1 | |
| B | = | 35% of the net taxable value of land and improvements for regional hospital district purposes in property class 2 | |
| C | = | 40% of the net taxable value of land and improvements for regional hospital district purposes in property class 3 | |
| D | = | 28% of the net taxable value of land and improvements for regional hospital district purposes in property class 4 | |
| E | = | 34% of the net taxable value of land and improvements for regional hospital district purposes in property class 5 | |
| F | = | 24.5% of the net taxable value of land and improvements for regional hospital district purposes in property class 6 | |
| G | = | 80% of the net taxable value of land and improvements for regional hospital district purposes in property class 7 | |
| H | = | 10% of the net taxable value of land and improvements for regional hospital district purposes in property class 8 | |
| I | = | 10% of the net taxable value of land and improvements for regional hospital district purposes in property class 9 |
| 1. | R.S.B.C. 1979-290-791, replaced as R.S.B.C. 1979-290-808 by 1989-59-13, see now R.S.B.C. 1996-323-820. |
| 2. | R.S.B.C. 1979-290-791.1, replaced as R.S.B.C. 1979-290-821.4 by 1989-59-13, not consolidated in R.S.B.C. 1996. |
[Provisions of the Local Government Act, R.S.B.C. 1996, c. 323, relevant to the enactment of this regulation: section 791.122]