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B.C. Reg. 269/2019
O.C. 694/2019
Deposited December 16, 2019
This consolidation is current to April 9, 2024.
Link to consolidated regulation (PDF)

Columbia Basin Trust Act

Exemption Regulation No. 5

Exemption

1   Land and improvements owned in whole or in part by the Waneta Expansion Power Corporation are exempt from 49% of the taxes referred to in section 31 (3) of the Columbia Basin Trust Act for the 2020 and subsequent taxation years if the land and improvements are included in a power generation, transmission or distribution facility constructed in whole or in part by or on behalf of the Columbia Basin Trust.

[Provisions relevant to the enactment of this regulation: Columbia Basin Trust Act, R.S.B.C. 1996, c. 53, s. 31 (3).]