Definitions

1 In this regulation:

"Act" means the Farming and Fishing Industries Development Act;

"council" means the Woodlot Product Development council established by the minister under section 2 of the Act;

"levy" means a levy established by the council under section 4 (1) of the Act;

"woodlot licence" means a woodlot licence entered into under the Forest Act.

Levy

2 (1)  Every holder of a woodlot licence must pay an annual levy to the council at the rate established by the council under section 4 (1) of the Act.

(2)  The levy required by subsection (1) will be included in the annual rent for a woodlot licence in accordance with section 2 of B.C. Reg. 353/87, the Annual Rent Regulation.

Refund of levy

3 On receipt of

(a) an application from the holder of a woodlot licence in accordance with section 5 of the Act, and

(b) verification, in a form acceptable to the council, of the payment of a levy,

the council must refund the levy to the holder of the woodlot licence.