B.C. Reg. 326/94
O.C. 1167/94
Deposited September 15, 1994
This archived regulation consolidation is current to August 5, 2005 and includes changes enacted and in force by that date. For the most current information, click here.

Community Charter

VANCOUVER INTERNATIONAL AIRPORT AUTHORITY
 INDUSTRIAL AND BUSINESS PROPERTY
EXEMPTION REGULATION

[includes amendments up to B.C. Reg. 424/2003]

Interpretation

1 In this regulation, "land and improvements" means industrial land and industrial improvements, and business land and business improvements, that, on and after the day this regulation comes into force, are

(a) leased from the government of Canada by the Vancouver International Airport Authority, or

(b) owned by the Vancouver International Airport Authority,

but does not include industrial land and industrial improvements, or business land and business improvements, held or occupied by or on behalf of an occupier as defined in paragraph (d) or (e) of the definition of "occupier" in section 1 (1) of the Assessment Act.

Application

2 This regulation applies to the 1994 and subsequent taxation years.

Exemption

3 Land and improvements which are classified as Class 5 or Class 6 under the regulations under the Assessment Act are exempt from property tax levies under the Acts listed in the Schedule.

Schedule

[am. B.C. Reg. 424/2003.]

Assessment Authority Act Local Government Act
British Columbia Transit Act Municipal Finance Authority Act
Community Charter School Act
Hospital District Act Vancouver Charter

 

[Provisions of the Community Charter, S.B.C. 2003, c. 26, relevant to the enactment of this regulation: sections 223 and 282 (2)]


Copyright (c) 2005: Queen's Printer, Victoria, British Columbia, Canada