B.C. Reg. 329/96
O.C. 1332/96

Deposited November 18, 1996

This archived regulation consolidation is current to April 21, 2006 and includes changes enacted and in force by that date. For the most current information, click here.

Local Government Act; Sechelt Indian Government District
Enabling Act; Vancouver Charter

TAXATION RATE CAP FOR CLASS 2
PROPERTY REGULATION

[includes amendments up to B.C. Reg. 409/98]

Contents
  1  Definitions
  2  General rule
  3  Exceptions to the general rule
  Schedules 1 to 4

Definitions

1 In this regulation

"class 2 property" means class 2 property as defined in section 2 of B.C. Reg. 438/81, the Prescribed Classes of Property Regulation;

"class 6 property" means class 6 property as defined in section 6 of B.C. Reg. 438/81, the Prescribed Classes of Property Regulation;

"general municipal purposes" means

(a) general municipal purposes as defined in section 330 of the Local Government Act, and

(b) for the City of Vancouver, purposes equivalent to general municipal purposes as defined in section 330 of the Local Government Act;

"municipality" means a municipality as defined in section 1 of the Assessment Act and includes the Sechelt Indian Government District.

General rule

2 In setting the tax or levy rate for class 2 property for general municipal purposes, a municipality must not exceed the greater of

(a) $40 for each $1 000 of assessed value, and

(b) 2.5 times the rate applicable to class 6 property for general municipal purposes in the municipality for the same taxation year.

Exceptions to the general rule

3 (1) Despite section 2, in setting the tax rate for class 2 property for general municipal purposes, the municipalities listed in the schedules specified in subsection (2) may not set a tax rate exceeding the greater of

(a) the value given to the right of the name of the municipality under the heading "Rate cap", and

(b) the value calculated as the product of the value to the right of the name of the municipality under the heading "Ratio cap" and the rate applicable to class 6 property in the municipality for the same taxation year.

(2) The schedules for the purposes of subsection (1) are

(a) for 1997, in Schedule 1,

(b) for 1998, in Schedule 2,

(c) for 1999, in Schedule 3, and

(d) for 2000 and in subsequent tax years, Schedule 4.

Schedule 1

Name of Jurisdiction Rate cap Ratio cap
Village of Chase 40.0 4.73
District of Chetwynd 59.88 3.43
The Corporation of the Village of Cumberland 55.17 9.94
The Corporation of the Village of Fort St. James 51.36 4.42
The Corporation of the District of Kent 40.48 5.63
The Corporation of the Village of Lake Cowichan 75.61 5.45
District of Mission 40.0 2.9
City of Nanaimo 50.31 2.72
The Corporation of the District of North Vancouver 40.59 3.88
The Corporation of the District of Pitt Meadows 50.82 4.18
The Corporation of the City of Port Coquitlam 40.0 3.06
City of Port Moody 44.96 3.68
The Corporation of the Village of Pouce Coupe 50.13 2.66
The Corporation of the City of Revelstoke 57.9 3.25
The Corporation of the Village of Slocan 59.37 11.73
City of Terrace 71.74 2.79
Town of View Royal 50.88 4.63
The Corporation of the City of White Rock 48.69 3.77

Schedule 2

Name of Jurisdiction Rate cap Ratio cap
Village of Chase 40.0 4.73
District of Chetwynd 54.46 3.12
The Corporation of the Village of Cumberland 50.11 9.03
The Corporation of the Village of Fort St. James 47.58 4.1
The Corporation of the District of Kent 40.00 5.56
The Corporation of the Village of Lake Cowichan 63.74 4.6
District of Mission 40.0 2.9
City of Nanaimo 48.05 2.59
The Corporation of the District of North Vancouver 40.0 3.82
The Corporation of the District of Pitt Meadows 43.42 3.57
The Corporation of the City of Port Coquitlam 40.0 3.06
City of Port Moody 41.61 3.41
The Corporation of the Village of Pouce Coupe 47.2 2.5
The Corporation of the City of Revelstoke 53.0 3.25
The Corporation of the Village of Slocan 52.92 10.46
City of Terrace 64.39 2.5
Town of View Royal 44.71 4.07
The Corporation of the City of White Rock 44.91 3.48

Schedule 3

[am. B.C. Reg. 409/98, s. 1.]

Name of Jurisdiction Rate cap Ratio cap
Village of Chase 40.0 4.73
District of Chetwynd 49.04 2.81
The Corporation of the Village of Cumberland 45.06 8.12
The Corporation of the District of Fort St. James 43.79 3.77
The Corporation of the District of Kent 40.00 5.56
The Corporation of the Village of Lake Cowichan 51.87 3.74
District of Mission 40.0 2.9
City of Nanaimo 46.32 2.50
The Corporation of the District of North Vancouver 40.0 3.82
The Corporation of the District of Pitt Meadows 40.0 3.29
The Corporation of the City of Port Coquitlam 40.0 3.06
City of Port Moody 40.0 3.28
The Corporation of the Village of Pouce Coupe 47.2 2.5
The Corporation of the City of Revelstoke 46.8 3.07
The Corporation of the Village of Slocan 46.46 9.18
City of Terrace 64.39 2.5
Town of View Royal 40.0 3.64
The Corporation of the City of White Rock 41.13 3.19

Schedule 4

[am. B.C. Reg. 409/98, s. 2.]

Name of Jurisdiction Rate cap Ratio cap
Village of Chase 40.0 4.73
District of Chetwynd 43.63 2.5
The Corporation of the Village of Cumberland 40.0 7.2
The Corporation of the District of Fort St. James 40.0 3.44
The Corporation of the District of Kent 40.0 5.56
The Corporation of the Village of Lake Cowichan 40.0 2.89
District of Mission 40.0 2.9
City of Nanaimo 46.32 2.5
The Corporation of the District of North Vancouver 40.0 3.82
The Corporation of the District of Pitt Meadows 40.0 3.29
The Corporation of the City of Port Coquitlam 40.0 3.06
City of Port Moody 40.0 3.28
The Corporation of the Village of Pouce Coupe 47.2 2.5
The Corporation of the City of Revelstoke 42.2 2.77
The Corporation of the Village of Slocan 40.0 7.91
City of Terrace 64.39 2.5
Town of View Royal 40.0 3.64
The Corporation of the City of White Rock 40.0 3.1

 

[Provisions relevant to the enactment of this regulation: Local Government Act, R.S.B.C. 1996, c. 323, section 359.2; Sechelt Indian Government District Enabling Act, R.S.B.C. 1996, c. 416, section 4; and Vancouver Charter, S.B.C. 1953, c. 55, section 374.3]


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