Designated Major Event Accommodation Area Tax Regulation

B.C. Reg. 12/2023
O.C. 41/2023

Deposited January 27, 2023
effective February 1, 2023

This consolidation is current to October 1, 2024.

Link to consolidated regulation (PDF)

Provincial Sales Tax Act

Designated Major Event Accommodation Area Tax Regulation

Definition

1 In this regulation, "Act" means the Provincial Sales Tax Act.

Designated major event accommodation area

2 The City of Vancouver designated accommodation area is designated as a designated major event accommodation area for the purposes of the Act.

Designated recipient

3 For the purposes of sections 123.02 (1), 123.2 (3.2) and 123.3 (3.2) of the Act, the City of Vancouver is designated as the designated recipient in relation to the designated major event accommodation area established in section 2 of this regulation.

Rate of tax

4 For the purposes of section 123.02 (1) of the Act, the rate of tax that applies to accommodation purchased in a designated major event accommodation area is 2.5%.

Prescribed purposes

5 For the purposes of section 125 (2) (a) of the Act, the prescribed purposes for which the City of Vancouver may spend the money paid to it under section 125 (1) (b) of the Act are the incremental costs as defined in an agreement entered into by the government and the City of Vancouver, as amended from time to time.

Repeal

6 This regulation is repealed on February 1, 2030.

[Provisions relevant to the enactment of this regulation: Provincial Sales Tax Act, S.B.C. 2012, c. 35, s. 240.01.]