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Volume 48, No. 6
B.C. Reg. 117/2005
The British Columbia Gazette, Part II
March 22, 2005

B.C. Reg. 117/2005, deposited March 18, 2005, pursuant to the SOCIAL SERVICE TAX ACT [Section 130] and the FINANCIAL ADMINISTRATION ACT [Section 19]. Order in Council 296/2005, approved and ordered March 17, 2005.

On the recommendation of the undersigned, the Lieutenant Governor, by and with the advice and consent of the Executive Council, orders that

(a) in this order, "the regulation" means the Social Service Tax Act Regulations, B.C. Reg. 84/58,

(b) the regulation is amended as set out in the attached Schedule A,

(c) effective April 1, 2005, the regulation is amended as set out in the attached Schedule B, and

(d) insofar as the net payment, or the net obligation to pay, of a person under Division 3 of Part 2 of the Social Service Tax Act, is greater because, from February 11, 2005 to the date this order is deposited under section 3 of the Regulations Act, the regulation included the amendments set out in the attached Schedule B, approval is given for the remission of the excess in the net payment or obligation.

— R. THORPE, Minister of Provincial Revenue; G. CAMPBELL, Presiding Member of the Executive Council.

Schedule A

1 Section 9.3 of the Social Services Tax Act Regulations, B.C. Reg. 84/58, is amended by repealing the table following subsection (2) and substituting the following:

Calendar Year Tax Credit Factor
the acquisition year of the vehicle 3.154%
the calendar year following the acquisition year 2.460%
the second calendar year following the acquisition year 1.957%
the third calendar year following the acquisition year 1.594%
the fourth calendar year following the acquisition year 1.336%

2 Section 9.8 is amended

(a) by repealing the table following subsection (3) and substituting the following:

Calendar Year Rate Factor
the acquisition year 0.150%
the calendar year following the acquisition year 0.150%
the second calendar year following the acquisition year 0.150%
the third calendar year following the acquisition year 0.150%
the fourth calendar year following the acquisition year 0.150%
the fifth calendar year following the acquisition year 0.815%
the sixth calendar year following the acquisition year 0.894%
the seventh calendar year following the acquisition year 0.982%
the eighth calendar year following the acquisition year 1.001%
the ninth calendar year following the acquisition year 1.100%

and

(b) by repealing the table following subsection (4) and substituting the following:

Calendar Year Rate Factor
the acquisition year 0.628%
the calendar year following the acquisition year 0.643%
the second calendar year following the acquisition year 0.662%
the third calendar year following the acquisition year 0.684%
the fourth calendar year following the acquisition year 0.705%
the fifth calendar year following the acquisition year 0.815%
the sixth calendar year following the acquisition year 0.895%
the seventh calendar year following the acquisition year 0.982%
the eighth calendar year following the acquisition year 1.001%
the ninth calendar year following the acquisition year 1.100%

Schedule B

1 Section 9.3 of the Social Services Tax Act Regulations, B.C. Reg. 84/58, is amended by repealing the table following subsection (2) and substituting the following:

Calendar Year Tax Credit Factor
the acquisition year of the vehicle 2.944%
the calendar year following the acquisition year 2.296%
the second calendar year following the acquisition year 1.827%
the third calendar year following the acquisition year 1.488%
the fourth calendar year following the acquisition year 1.247%

2 Section 9.8 is amended

(a) by repealing the table following subsection (3) and substituting the following:

Calendar Year Rate Factor
the acquisition year 0.140%
the calendar year following the acquisition year 0.140%
the second calendar year following the acquisition year 0.140%
the third calendar year following the acquisition year 0.140%
the fourth calendar year following the acquisition year 0.140%
the fifth calendar year following the acquisition year 0.761%
the sixth calendar year following the acquisition year 0.835%
the seventh calendar year following the acquisition year 0.917%
the eighth calendar year following the acquisition year 0.934%
he ninth and subsequent calendar years following the acquisition year 1.027%

and

(b) by repealing the table following subsection (4) and substituting the following:

Calendar Year Rate Factor
the acquisition year 0.586%
the calendar year following the acquisition year 0.600%
the second calendar year following the acquisition year 0.618%
the third calendar year following the acquisition year 0.638%
the fourth calendar year following the acquisition year 0.658%
the fifth calendar year following the acquisition year 0.761%
the sixth calendar year following the acquisition year 0.835%
the seventh calendar year following the acquisition year 0.917%
the eighth calendar year following the acquisition year 0.934%
the ninth and subsequent calendar years following the acquisition year 1.027%

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