British Columbia Order in Council — Order under Assessment Authority, s (O.C. 163/2022)

O.C. 163/2022

British Columbia — Orders in Council

163 March 31, 2022 PROVINCE OF BRITISH COLUMBIA ORDER OF THE LIEUTENANT GOVERNOR IN COUNCIL Order in Council No. , Approved and Ordered Executive Council Chambers, Victoria 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. Minister of Finance 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: 010588243 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. 2022/2023 ASSESSMENT AUTHORITY BYLAW 1.

For the 2022/2023 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 Nisga'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 2022/2023 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 2022/2023 fiscal year, in order to calculate the amount of a requisition to be forwarded to the Nisga'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 Nisga'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 COLUMN1 COLUMN2 Classes of property prescribed Rate of tax applied against each under section 19 (14) of the Assessment Act $ 1000 of net taxable value of land and improvements Class 1 - residential 0.0349 Class 2 - utilities 0.4662 Class 3 - supportive housing 0.0000 Class 4 - major industry 0.4662 Class 5 - light industry 0.1036 Class 6 - business and other 0.1036 Class 7 - managed forest land 0.2354 Class 8 - recreational property/non-profit organization 0.0349 Class 9 - farm 0.0349 Page of2

Document details

Collection	British Columbia — Orders in Council
Citation	O.C. 163/2022
Type	order_in_council
Volume / chapter	arc oic 0163 2022
Language	en
Format	pdf
Source	PROVINCIAL
Identifier	3008579fa9ec985d7b5f8b128b4f5075a89e0e2f

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