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Volume 46, No. 9

B.C. Reg. 180/2003

The British Columbia Gazette,

Part II

May 6, 2003

B.C. Reg. 180/2003, deposited April 24, 2003, pursuant to the TAXATION (RURAL AREA) ACT [Section 20]. Order in Council 433/2003, approved and ordered April 24, 2003.

On the recommendation of the undersigned, the Lieutenant Governor, by and with the advice and consent of the Executive Council, orders that the Taxation (Rural Area) Act Regulation, B.C. Reg. 387/82, is amended as set out in the attached Schedule. — G. COLLINS, Minister of Finance; S. SANTORI, Presiding Member of the Executive Council.

Schedule

1. Sections 5 and 6 of the Taxation (Rural Area) Act Regulation, B.C. Reg. 387/82, are repealed and the following substituted:

Variable tax rate — General

5. For the purpose of

section 20 of the Act in all areas of British Columbia except the Peace River Regional District, the tax rates for 2003 and for each year after that are the amounts set out in column 2 of the following table to be applied against each

$1 000 of actual value of property in the appropriate class set out in column 1:

Table

Column 1

Class

Column 2

Rate for 2003

and subsequent years

Residential

$1.03

Utilities

4.20

Unmanaged forest land

4.50

Major industry

4.50

Light industry

3.70

Business and other

3.70

Managed forest land

0.50

Recreational property/non-profit organization

1.70

Farm

0.50

Variable tax rate — Peace River Regional District

6. For the purpose of

section 20 of the Act in the Peace River Regional District, the tax rates for 2003 and for each year after that are the amounts set out in column 2 of the following table to be applied against each

$1 000 of actual value of property in the appropriate class set out in column 1:

Table

Column 1

Class

Column 2

Rate for 2003

and subsequent years

Residential

$1.03

Utilities

5.52

Unmanaged forest land

4.50

Major industry

5.82

Light industry

5.02

Business and other

3.70

Managed forest land

0.50

Recreational property/non-profit organization

1.70

Farm

0.50

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