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| B.C. Reg. 122/2003 O.C. 300/2003 | Deposited March 28, 2003 |
[Last amended April 1, 2024 by B.C. Reg. 62/2024]
1 In this regulation:
"Act" means the Forest Act;
"reduced volume condition" means a condition on a licence that, under section 14 (1) (g.2) of the Act, reduces a portion of the allowable annual cut available to the holder of the licence.
[en. B.C. Reg. 190/2014, Sch. 2, s. 1; am. B.C. Regs. 163/2022, s. (a); 62/2024, Sch., 21.]
1.1 (1) For the purposes of sections 111 and 112 of the Act, the holder of a licence, agreement or permit described in Column 1 of the following table must pay to the government annual rent at the rate set out in Column 2 immediately opposite that licence, agreement or permit:
| Item | Column 1 Description of Licence, Agreement or Permit | Column 2 Rate of Annual Rent |
| 1 | Community forest agreement | $0.37/m3 of allowable annual cut determined for the community forest agreement area |
| 2 | First nations woodland licence | $0.12/m3 of allowable annual cut determined for the first nations woodland licence area |
| 3 | Forest licence, other than a supplemental forest licence | $0.37/m3 of allowable annual cut specified in the forest licence |
| 4 | Cutting permit issued for a supplemental forest licence | $0.37/m3 of volume of timber authorized to be harvested under the cutting permit |
| 5 | Timber licence | $1.85/ha |
| 6 | Tree farm licence | $0.57/m3 of allowable annual cut determined for the tree farm licence area |
| 7 | Woodlot licence | $0.60/m3 of allowable annual cut determined for the woodlot licence area |
(2) Despite subsection (1), the holder of a licence with a reduced volume condition must pay an amount that corresponds to the portion of the allowable annual cut that is not reduced by the reduced volume condition.
[en. B.C. Reg. 190/2014, Sch. 2, s. 1; am. B.C. Regs. 163/2022, s. (b); 62/2024, Sch., s. 22.]
2 With respect to a woodlot licence, $0.25/m3 of the rate set out in Column 2 of the table in section 1.1 is allocated under section 112.1 of the Act to represent money payable to the Woodlot Product Development Council.
[am. B.C. Reg. 190/2014, Sch. 2, s. 2.]
[Provisions relevant to the enactment of this regulation: Forest Act, R.S.B.C. 1996, c. 157, ss. 11, 112, 112.1 and 151.]
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