British Columbia Order in Council — Amendment to School Tax Remitting Regulation (O.C. 363/2021)

O.C. 363/2021

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 the School Tax Remitting Regulation, B.C. Reg. 109 /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: School Act, R.S.B.C. 1996, c. 412, s. 124 Other: OIC 252/2019 R10514437 June 21, 2021 J

SCHEDULE

Section of the School Tax Remitting Re gulation, B.C. Reg. 109/2019, is amended (

a) by repealing the

definitions of “additional school tax billing” and “general school tax billing”, (

b) by adding the following definition: “grant administrator” has the same meaning as in

section of the Home Owner Grant Act; , (

c) by repealing the definition of “grant deduction”, and (

d) by repealing the definition of “specified municipal tax due date” and substituting the following: “specified municipal tax due date” means the later of (

a) the first municipal tax due date applicable to a municipality, and (

b) one of the following, as applicable: (

i) in the case of the City of Vanc ouver, the second business day in July; (ii) in the case of any other municipality, July 2. 2 Sections 3, 4, 5 and are repeal ed and the following substituted: First instalment of school taxes 3

(1) On or before the tenth business day after the specified m unicipal tax due date applicable to a municipality, the munici pality must pay to the minister an instalment equal to the difference between the following amounts: (

a) the amount equal to the sum of the amount of general school taxes determined under subsection (2) and the amount of additional school taxes determined under subsection (3); (

b) the administration fee pres cribed under

section 124 (10) [collection of school taxes by municipality] of the Act.

(2) For the purposes of calculating the inst alment described in subsection (1), the amount of general school taxes for a municipality is the amount of general school taxes collected by the municipality on or before the specified municipal tax due date after (

a) making adjustments, if any, referred to in

section 121 [adjustments] of the Act, and (

b) deducting the total amount of hom e owner grants approved by the grant administrator under

section 10 [approval of grant] of the Home Owner Grant Act on or before the specified municipal tax due date.

(3) For the purposes of calculating the inst alment described in subsection (1), the amount of additional school taxes for a municipality is the amount of the additional school taxes coll ected by the municipality on or before the specified municipal tax due date after making adjustments, if any, referred to in

section of the Act. Second instalment of school taxes 4

(1) In this section: “additional municipal tax due date” means the first municipal tax due date, if any, after the specified municipal tax due date for the municipality; “collection period”, in relation to a municipality, means the period beginning after the specified municipal tax due date a pplicable to the municipality and ending on the municipality’s additional municipal tax due date.

(2) If a municipality has an additional muni cipal tax due date, the municipality must pay to the minister, on or before the tenth business day after that additional municipal tax due date, an instalment equal to the sum of the following amounts: (

a) the balance of ge neral school taxes collected by the municipality during the collection period after (

i) making adjustments, if any, referr ed to in

section of the Act, and (ii) deducting the total amount of home owner grants approved by the grant administrator under

section of the Home Owner Grant Act during the collection period; (

b) the balance of additional school ta xes collected by the municipality during the collection period after making adju stments, if any, referred to in

section of the Act. Final instalment of school taxes If a municipality pays the balance of school taxes under

section 124 (2) (

b) of the Act, the municipality must, in calculating the balance, (

a) make adjustments, if any, referred to in

section of the Act, and (

b) deduct from the balance of general school taxes the total amount of any home owner grants approved by the grant administrator under

section of the Home Owner Grant Act on or before the calendar year end of the taxation year but after the later of the following: (

i) the specified municipal tax due da te applicable to the municipality; (ii) the municipality’s additional muni cipal tax due date, as defined in

section 4 (1) of this regulation, if any. Certified statements and other records 6

(1) Together with an instalment paid under

section or 4, a municipality must submit to the minister a statement certifying that the instalment was calculated in accordance with the applicable

section and that it is correct.

(2) A statement under subsection (1) must be certified by the collector or a person in another position authorized for that purpose by the municipality.

(3) An amount of school taxes paid by a municipality under

section 124 (2) (

b) or (3) of the Act must be certified as correc t by the collector or a person in another position authorized for that purpose by the municipality.

Document details

Collection	British Columbia — Orders in Council
Citation	O.C. 363/2021
Type	order_in_council
Volume / chapter	arc oic 0363 2021
Language	en
Format	pdf
Source	PROVINCIAL
Identifier	eba44c6aeb83210273f37c598bf0c6c5dfe5e43b

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