|Copyright (c) Queen's Printer,
Victoria, British Columbia, Canada.
|B.C. Reg. 138/91
|Deposited May 3, 1991
1 Subject to section 2, commencing in the 1991 taxation year the administration fee allowed to each municipality for the purpose of section 124 (10) of the School Act shall be $2 000 plus 0.1% of the current year school tax amount contained in the notice issued to the municipal collector under section 119 (6) (b) of the School Act.
2 For the purpose of the 1991 taxation year, the administration fee allowed to each municipality shall be the greater of
(a) the amount calculated under section 1, or
(b) 0.25% of the amount of 1990 non-residential school tax for the municipality based upon assessed values in place at December 31, 1990.
[Provisions of the School Act, R.S.B.C. 1996, c. 412, relevant to the enactment of this regulation: section 124 (10)]
Copyright (c) Queen's Printer, Victoria, British Columbia, Canada.