The present Regulation is made under the Property Transfer Tax Act. Section 3 establishes that in the case of a transfer by a Crown grant or Crown lease agreement that is to be submitted directly by the Ministry of Agriculture and Lands to the land title office for registration on behalf of a transferee, the transferee must, on demand made by the administrator, remit tax and file a return with the administrator. The text consists of 17 sections divided into 3 Parts as follows: General (1); Valuation of life estates and leases (2); Principal residence exemption (3). Three Tables are included.
Implements: Property Transfer Tax Act ([RSBC 1996] Chapter 378). (2016-11-28)
Authors and Publishers
Government of British Columbian (Canada)
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