Logging Tax Regulation

B.C. Reg. 166/2016
O.C. 493/2016

Deposited July 5, 2016
effective July 5, 2016

This consolidation is current to May 9, 2023.
See the Cumulative B.C. Regulations Bulletin 2023
for amendments effective after May 9, 2023.

Logging Tax Act

[includes amendments up to B.C. Reg. 229/2018, July 5, 2016]

1 In this regulation, "Act" means the Logging Tax Act.

2 For the purposes of section 15 (1) of the Act, the amount prescribed is $2 000.

3 For the purposes of sections 15 (7) (a), 15.1 (2) and 21.1 (1) of the Act, interest payable on amounts due to the government must be

(a) calculated at the rate prescribed under the Interest Rate under Various Statutes Regulation, B.C. Reg. 386/92, and

(b) calculated on a daily basis and compounded monthly.

[am. B.C. Reg. 229/2018, s. 2.]

[Provisions relevant to the enactment of this regulation: Logging Tax Act, R.S.B.C. 1996, c. 277, sections 15, 21.1 and 42]