Definition

1  In this regulation:

"Act" means the Environmental Management Act;

"Sustainable Environment Fund" means the fund continued under the Sustainable Environment Fund Act.

[am. B.C. Reg. 321/2004, s. 26.]

 Rebate of waste management fees

2  The minister may pay money out of the Sustainable Environment Fund to rebate fees or charges paid under section 2 (8) of the Wood Residue Burner and Incinerator Regulation, B.C. Reg. 519/95, for the purpose of fostering expenditures in or contributions towards the development or commercialization of value added uses for wood residues.

 Amount of rebate

3  The amount of a rebate under section 2 is the lesser of

(a) the amount by which the fees paid by the payee under section 2 (8) of the Wood Residue Burner and Incinerator Regulation, B.C. Reg. 519/95, for the calendar year for which the rebate is paid exceed the amount paid by the payee under that section for the 2000 calendar year, and

(b) 1.1 times the expenditures or contributions made for the purpose referred to in section 2 by the payee for the calendar year for which the rebate is paid.