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FIRST NATIONS PROPERTY ASSESSMENT
AND TAXATION (RAILWAY RIGHTS-OF-
WAY) REGULATIONS
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INTERPRETATION
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| Definitions |
1. The following definitions apply in these
Regulations. |
"adjacent area"
« zone adjacente » |
"adjacent area" in respect of a first nation set out in Schedule 1, means the incorporated or unincorporated area bordering a majority of those reserves of the first nation that contain right-of-way areas. |
"adjustment factor"
« facteur de rajustement » |
"adjustment factor" means the adjustment factor set out in the Adjustment Factors Relating to the Valuation of Railway Corporation Property Regulation, B.C. Reg. 324/96, as amended from time to time. |
"fibre optic improvements"
« équipement de fibres optiques » |
"fibre optic improvements" means fibre optic fibres, sheaths, wrapping, conduits, cables and other related improvements. |
"incorporated area"
« zone constituée » |
"incorporated area" means an area incorporated as a municipality under the Local Government Act of British Columbia. |
"property"
« propriété » |
"property" means a right-of-way, any other right or interest in lands, or improvements. |
"provincial taxation laws"
« lois fiscales provinciales » |
"provincial taxation laws" means the laws and regulations of the Province of British Columbia respecting property taxation — including the Assessment Act, the Adjustment Factors Relating to the Valuation of Railway Corporation Property Regulation, the Hospital District Act, the School Act, the Local Government Act and the Taxation (Rural Area) Act, as amended from time to time. |
"right-of-way area"
« zone d'emprise » |
"right-of-way area" in respect of a first nation set out in column 1 of Schedule 1, means the lands described in column 2. |
"track in place"
« voie ferrée existante » |
"track in place" has the same meaning as "track in place of a railway corporation" in subsection 21(15) of the Assessment Act of British Columbia. |
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APPLICATION
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| Application |
2. These Regulations apply to property taxation laws made by the council of a first nation set out in Schedule 1 in respect of taxation of property in a right-of-way area. |
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PROPERTY TAXATION LAWS
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| Determination of assessable value |
3. (1) Subject to subsection (2), a property taxation law in respect of taxation of property in a right-of-way area shall provide that an assessor must determine the assessable value of the following types of property using the assessment rates, adjustments, exceptions, inclusions and exclusions that would be applied if the property were subject to provincial taxation laws:
(a) track in place of a railway company, including fibre optic improvements;
(b) rights-of-way for track referred to in paragraph (a);
(c) bridges of a railway company;
(d) fibre optic improvements of a non-railway company;
(e) utility systems of a non-railway company, including pipeline, cable, telephone, power, sewer, gas and related facilities; and
(f) other improvements lawfully located in a right-of-way area. |
| Adjustment factors |
(2) Adjustment factors do not apply to the determination of assessable values of property under a property taxation law. |
| Maximum tax rates for railway companies |
4. (1) Subject to subsection (3), the tax rate for a taxation year established under a property taxation law enacted by a first nation set out in column 1 of Schedule 2 in respect of property of a railway company in a right-of-way area shall not exceed the rate equal to the sum of the products, determined for each of the tax bases set out in column 2, of
A×B
where
A is the tax rate established for that taxation year under provincial taxation laws for that tax base; and
B is the adjustment factor for that tax base. |
| Maximum tax rates for non-railway companies |
(2) Subject to subsection (3), the tax rate for a taxation year established under a property taxation law enacted by a first nation set out in column 1 of Schedule 2 in respect of improvements of a company other than a railway company in a right-of-way area shall not exceed the rate equal to the sum of the tax rates, established for that taxation year under provincial taxation laws, for the tax bases set out in column 2. |
| Exemptions and inclusions |
(3) A tax rate referred to in subsection (1) or (2) shall incorporate the same exemptions, exceptions, inclusions and exclusions that would be applicable to the property if the property were subject to the provincial taxation laws applicable to the adjacent area. |
| Adjustment factors |
(4) For the purposes of subsection (1), the adjustment factors applicable to the determination of tax rates shall be
(a) in respect of the Leq'a:mel First Nation, the adjustment factors that apply to property in incorporated areas; and
(b) in respect of the Seabird Island Indian Band, the adjustment factors that apply in the District of Kent. |
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COMING INTO FORCE
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| Coming into force date |
5. These Regulations come into force on January 1, 2008. |
