The present Regulation is made under the Private Managed Forest Land Act. The Regulation provides for the establishment of water quality objectives , Council review of requests with respect to administration and exit fees, remediation orders and offences. The text consists of 5 sections.

Implements: Private Managed Forest Land Act ([SBC 2003] Chapter 80). (2014-10-15)

The present Regulation enacts the Assessment Act. The Regulation lays down provisions relating to the standards for the classification of farm land. In particular, section 4 establishes that the assessor must classify as farm all or part of a parcel of land used for: a) primary agricultural production, b) a farmer's dwelling, or c) the training and boarding of horses when operated in conjunction with horse rearing.2) Land will only be classed as farm where part of a parcel or parcels of land are: a) necessary to the farm, and b) predominantly used for primary agricultural production.

Section 3 of the present Act establishes that the corporation known as the "British Columbia Assessment Authority" is continued consisting of the board of directors appointed under section 11. The purpose of the authority is to establish and maintain assessments that are uniform in the whole of British Columbia in accordance with the Assessment Act.