British Columbia Order in Council — Amendment to Tobacco Tax Act Regulation (O.C. 329/2021)

O.C. 329/2021

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 July 1, 2021, the Tobacco Tax Act Regulation, B.C. Reg. 66/2002, is amended as set out in the attached Schedule. 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: Tobacco Tax Act, R.S.B.C. 1996, c. 452, s. 44 (2) Other: O.C. 244/2002 R10510524 June 7, 2021

SCHEDULE

Section of the Tobacco Tax Act Re gulation, B.C. Reg. 66/2002, is amended (

a) by repealing subsection (1) and substituting the following:

(1) At the time that a change in the rate of tax payable by a consumer of tobacco takes effect, every retail dealer must take an inventory of the amount of tobacco in the retail dealer’s possession that is tobacco (

a) that is affected by the change, and (

b) in respect of which the retail deal er was required to pay security under

section of the Act. , (

b) by adding the following subsections:

(1.1) A retail dealer must provide the inventory taken under subsection (1) to the director, within the time required by the director.

(1.2) If a retail dealer does not possess any tobacco that is affected by the change in the rate of tax described in subsection (1), the retail dealer must provide to the director, within the time required by the director, an inventory indicating that the retail dealer does not possess any such tobacco. (1.3) Subsection (1.2) does not apply to an exempt sale retail dealer who does not also hold a retail authorization. , and (

c) in subsection (2) by striking out “ who is required to provide an inventory under subsection (1)”.

Document details

Collection	British Columbia — Orders in Council
Citation	O.C. 329/2021
Type	order_in_council
Volume / chapter	arc oic 0329 2021
Language	en
Format	pdf
Source	PROVINCIAL
Identifier	67767c9b08b2c8a766cde88b9717ab5f2af180f5

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