British Columbia Order in Council — Order under Assessment Authority, s (O.C. 198/2023)

O.C. 198/2023

British Columbia — Orders in Council

PROVINCE OF BRITISH COLUMBIA ORDER OF THE LIEUTENANT GOVERNOR IN COUNCIL Order in Council No. , Approved and Ordered Lieutenant Governor Executive Council Chambers, Victoria Minister of Finance Presiding Member of the Executive Council (This

part is for administrative purposes only and is not part of the Order.) Authority under which Order is made: Act and section: Assessment Authority Act, R.S.B.C. 1996, c. 21, s. 17 (2) Other: O10679296 On the recommendation of the undersigned, the Lieutenant Governor, by and with the advice and consent of the Executive Council, orders that approval is given to the British Columbia Assessment Authority to make the bylaw in the attached Appendix. 198 March 31, 2023 APPENDIX The British Columbia Assessment Authority, in accordance with section 17 (2) of the Assessment Authority Act, makes the following bylaw to maintain the operating fund under the Assessment Authority Act. 2023/2024 ASSESSMENT AUTHORITY BYLAW 1.

For the 2023/2024 fiscal year, there is levied on the net taxable value of all land and improvements in the Province, other than property that is taxable for school purposes only by special Act and the treaty lands of a taxing treaty first nation and land and improvements within the Nis×a’a Lands, a tax on each class of property referred to in Column of the

Schedule at the rate set out opposite that class in Column of the Schedule. 2. For the 2023/2024 fiscal year, in order to calculate the amount of a requisition to be forwarded to a taxing treaty first nation under section 20 (4.1) of the Assessment Authority Act, the rate to be applied to the net taxable value of all land and improvements in the treaty lands of the taxing treaty first nation, for each class of property referred to in Column of the Schedule, is the rate set out opposite that class in Column of the Schedule. 3.

For the 2023/2024 fiscal year, in order to calculate the amount of a requisition to be forwarded to the Nis×a’a Nation under s. 20 (4.3) of the Assessment Authority Act, the rate to be applied to the net taxable value of all land and improvements within the Nis ×a’a Lands, for each class of property referred to in Column of the Schedule, is the rate set out opposite that class in Column of the Schedule.

SCHEDULE COLUMN COLUMN Classes of property prescribed under section 19 (14) of the Assessment Act Rate of tax applied against each $1000 of net taxable value of land and improvements Class 1 – residential 0.0336 Class 2 – utilities 0.4550 Class 3 – supportive housing 0.000 Class 4 – major industry 0.4550 Class 5 – light industry 0.0964 Class 6 – business and other 0.0964 Class 7 – managed forest land 0.2380 Class 8 – recreational property/non–profit organization 0.0336 Class 9 – farm 0.0336

Document details

Collection	British Columbia — Orders in Council
Citation	O.C. 198/2023
Type	order_in_council
Volume / chapter	arc oic 0198 2023
Language	en
Format	pdf
Source	PROVINCIAL
Identifier	19e91f082125943a7f1dda00f54215bbe7c34288

Source file is stored in the law ingest library (pdf).