British Columbia Order in Council — Amendment to Exemptions from Tax Regulation (O.C. 362/2021)

O.C. 362/2021

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, th e Exemptions from Tax Regul ation, B.C. Reg. 287/2019, 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: Speculation and Vacancy Tax Act, S.B.C. 2018, c. 46, s. 139 (1) Other: O.C. 723/2019 R10508624 June 21, 2021

SCHEDULE The Exemptions from Tax Re gulation, B.C. Reg. 287/2019, is amended by adding the following section: Exemption for subsidiaries of agent of government For the purposes of

section 20 (o) [exemption for specified owners] , an owner of a residential property that is a wholly owne d subsidiary, within the meaning of the Business Corporations Act, of an agent of government is a prescribed class of persons of the Act.

Document details

Collection	British Columbia — Orders in Council
Citation	O.C. 362/2021
Type	order_in_council
Volume / chapter	arc oic 0362 2021
Language	en
Format	pdf
Source	PROVINCIAL
Identifier	e2d020a5d3d7d1bef4705287d63b9c5027a51112

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