British Columbia Order in Council — Order under Provincial Sales Tax, s (O.C. 41/2023)

O.C. 41/2023

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 On the recommendation of the undersigned, the Lieutenant Governor, by and with the advice and consent of the Executive Council, orders that, effective February 1, 2023, the attached Designated Major Event Accommodation Area Tax Regulation is made. 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: Provincial Sales Tax Act, S.B.C. 2012, c. 35, s. 240.01 Other: R20633812 January 27, 2023 DESIGNATED MAJOR EVENT ACCOMMODATION AREA TAX REGULATION Definition In this regulation, “Act” means the Provincial Sales Tax Act. Designated major event accommodation area The City of Vancouver designated accommodation area is designated as a designated major event accommodation area for the purposes of the Act.

Designated recipient For the purposes of sections 123.02 (1), 123.2 (3.2) and 123.3 (3.2) of the Act, the City of Vancouver is designated as the designated recipient in relation to the designated major event accommodation area established in

section of this regulation. Rate of tax For the purposes of

section 123.02 (1) of th e Act, the rate of tax that applies to accommodation purchased in a designated major event accommodation area is 2.5%. Prescribed purposes For the purposes of section 125 (2) (

a) of th e Act, the prescribed purposes for which the City of Vancouver may spend the money paid to it under section 125 (1) (

b) of the Act are the incremental costs as defined in an agreement entered into by the government and the City of Vancouver, as amended from time to time. Repeal This regulation is repealed on February 1, 2030.

Document details

Collection	British Columbia — Orders in Council
Citation	O.C. 41/2023
Type	order_in_council
Volume / chapter	arc oic 0041 2023
Language	en
Format	pdf
Source	PROVINCIAL
Identifier	5d1697927060e851c40211b52d505966048f9c7b

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