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B.C. Reg. 203/86
Assessment Commissioner
Deposited September 10, 1986
This archived regulation consolidation is current to January 2, 2007 and includes changes enacted and in force by that date. For the most current information, click here.

Assessment Act

Railway and Pipeline Corporations
Valuation Regulation

[includes amendments to B.C. Reg. 365/2006, December 18, 2006]

Contents
  0.1  Definition
  Application
  Repealed
  Railway corporations, track in place
  Pipeline corporations, pipelines
  Pipeline corporations, special cases
  Pipelines under construction
  Repealed

Definition

0.1  In this regulation, "gathering pipeline" means a gathering pipeline as defined in the Prescribed Classes of Property Regulation, B.C. Reg. 438/81.

[en. B.C. Reg. 500/2003, s. 1.]

Application

1  This regulation shall be used for determinations of value for the purposes of assessment for the 2007 and subsequent taxation years.

[en. B.C. Reg. 286/90, s. 1; am. B.C. Regs. 503/92, s. 1; 456/94, s. 1; 352/96, s. 1; 378/97, s. 1;
419/98, s. 1; 423/99, s. 1; 315/2000, s. 1; 281/2001, s. 1; 361/2002, s. 1; 500/2003, s. 2;
552/2004, s. 1; 378/2005, s. 1; 365/2006, s. 1.]

Repealed

2  Repealed. [B.C. Reg. 293/89, s. 3.]

Railway corporations, track in place

3  (1)  In this section a reference to

(a) "Class 1 track"means track in place comprising a trackage system that carries an annual gross tonnage of 25 million tons or more,

(b) "Class 2 track"means track in place comprising a trackage system that carries an annual gross tonnage of 15 million tons but under 25 million tons,

(c) "Class 3 track"means track in place comprising a trackage system that carries an annual gross tonnage of 8 million tons but under 15 million tons,

(d) "Class 4 track"means

(i)  track in place comprising a trackage system that carries an annual gross tonnage of 3 million tons but under 8 million gross tons, or

(ii)  track in place of a siding, spur or wye not classed as Class 5 or Class 6 track,

(e) "Class 5 track"means

(i)  track in place comprising a trackage system of any gauge that carries an annual gross tonnage of under 3 million gross tons, or

(ii)  track in place of a siding, spur, wye or yard track associated with a trackage system that carries an annual gross tonnage of under 3 million tons, or

(iii)  track in place of a siding, spur or wye which is not in use on September 30 in the year preceding the year for which the assessment roll or revised assessment roll is prepared, was unused for the immediately preceding year, and is not usable in any other trackage system,

(f) "Class 6 track"means track in place comprising a trackage system located within a rail yard and outside the continuous strip of 100 feet in width used for the operation of track in place of a railway corporation and not associated with a Class 5 trackage system,

(g) "Class 7 track"means track in place that is unusable for commercial railway traffic on a line or on a siding or spur of a line in respect of which formal approval for abandonment has been received and a copy of the "Certificate of Abandonment" has been provided to the Assessment Commissioner,

(h) "Class 8 track"means track in place that is the second track of a Class 1 double track system having two closely parallel rail lines on the same roadbed,

(i) "Class 9 track"means track in place that is the second track of a Class 2 double track system having two closely parallel rail lines on the same roadbed,

(j) "Class 10 track"means track in place that is the second track of a Class 3 double track system having two closely parallel rail lines on the same roadbed, and

(k) "Class 11 track"means track in place that is the second track of a Class 4 double track system having two closely parallel lines on the same roadbed.

(2)  The actual value of the track in place of a railway corporation shall be determined using the following rates:

(a) Class 1 track, $173 000 per kilometre;

(b) Class 2 track, $157 000 per kilometre;

(c) Class 3 track, $110 000 per kilometre;

(d) Class 4 track, $82 000 per kilometre;

(e) Class 5 track, $12 100 per kilometre;

(f) Class 6 track, $71 100 per kilometre;

(g) Class 7 track, $0 per kilometre;

(h) Class 8 track, $139 000 per kilometre;

(i) Class 9 track, $123 000 per kilometre;

(j) Class 10 track, $76 200 per kilometre;

(k) Class 11 track, $66 700 per kilometre.

[am. B.C. Regs. 391/88, ss. 3, 4; 293/89, ss. 4, 5; 286/90, s. 2; 503/92, ss. 2, 3; 413/93, s. 2;
456/94, s. 2; 352/96, s. 2; 378/97, s. 2; 419/98, s. 2; 423/99, s. 2; 315/2000, s. 2; 281/2001, s. 2;
361/2002, s. 2; 500/2003, ss. 3 and 4; 552/2004, s. 2; 378/2005, s. 2; 365/2006, s. 2.]

Pipeline corporations, pipelines

4  The actual value of pipelines referred to in section 21 (1) (c) of the Assessment Act shall, except where section 5 applies, be determined by applying the rates set out in Schedule A for gathering pipelines and Schedule B for transmission pipelines.

[am. B.C. Reg. 500/2003, s. 5.]

Pipeline corporations, special cases

5  (1)  Where, in respect of a pipeline referred to in section 21 (1) (c) of the Assessment Act,

(a) an abandonment certificate has been issued under section 9 of the Pipeline Act and the certificate has been presented to the Commissioner, and

(b) the pipeline would, if valued under section 19 of the Assessment Act and in that reference to section 21 of the Assessment Act, have no value,

the actual value of the pipeline shall be determined using a rate of one dollar.

(2)  Where operations of a pipeline have been suspended for a period of one year or more, 10% of the scheduled rate for the pipe size shall be used.

(3)  Where a pipeline is placed directly on the ground and, except for extraordinary stream or ravine crossings, is without man-made foundations, it shall be valued at 50% of the scheduled rate if

(a) the length of that section of the pipeline is 20 km or over, and

(b) the diameter of the pipe, throughout the section, is not more than 168 mm.

[am. B.C. Regs. 391/88, s. 5; 503/92, s. 4.]

Pipelines under construction

6  Where the track in place referred to in section 21 (1) (b) or a pipeline referred to in section 21 (1) (c) of the Assessment Act is under construction, the assessor shall determine the percentage complete as of October 31 and the actual value of the track in place or pipeline shall be determined by applying the percentage complete to the rate prescribed for that class.

[en. B.C. Reg. 413/93, s. 3.]

Repealed

7  Repealed. [B.C. Reg. 365/2006, s. 3.]

 

Schedule A

[en. B.C. Reg. 365/2006, s. 4.]

Outside diameter of Pipe (mm)     Rate per Kilometre
Under 76 $24 600
76 or more and under 88 $27 400
88 or more and under 114 $30 100
114 or more and under 141 $38 800
141 or more and under 168 $47 900
168 or more and under 219 $57 000
219 or more and under 273 $72 900
273 or more and under 323 $91 300
323 or more and under 355 $106 000
355 or more and under 406 $125 000
406 or more and under 457 $158 000
457 or more and under 508 $181 000
508 or more and under 558 $213 000
558 or more and under 609 $263 000
609 or more and under 660 $286 000
660 or more and under 711 $309 000
For pipelines with outside diameter more than
711 mm, use Schedule B

 

Schedule B

[en. B.C. Reg. 365/2006, s. 4.]

Outside diameter of Pipe (mm)     Rate per Kilometre
219 or more and under 273 $93 400
273 or more and under 323 $104 000
323 or more and under 355 $137 000
355 or more and under 406 $152 000
406 or more and under 457 $226 000
457 or more and under 508 $242 000
508 or more and under 558 $282 000
558 or more and under 609 $384 000
609 or more and under 660 $407 000
660 or more and under 711 $427 000
711 or more and under 762 $454 000
762 or more and under 863 $517 000
863 or more and under 914 $551 000
914 or more and under 965 $586 000
965 or more and under 1 016 $631 000
1 016 or more and under 1 066 $677 000
1 066 or more and under 1 219 $722 000
1 219 and more $848 000
For pipelines with outside diameter less than
168 mm, use Schedule A

Note:see also section 10 of B.C. Reg. 799/94 — Assessment Act Regulations.

[Provisions of the Assessment Act, R.S.B.C. 1996, c. 20, relevant to the enactment of this regulation: section 21]