217_2020 — Carbon Tax Remission (COVID-19 Emergency) Regulation

s. 1 — Interpretation

s. 1(1)

In this regulation, remission period means the period beginning on April 1, 2020 and ending on March 31, 2021.

s. 1(2)

Unless a contrary intention appears, words and expressions used in this regulation have the same meaning as in the Carbon Tax Act.

s. 1(3)

Section 1 of Schedule 1 of the Carbon Tax Act applies to the calculation of the amount of a remission authorized under section 2 (2) of this regulation.

s. 2 — Remission — carbon tax on fuels

s. 2(1)

This section applies in relation to the following tax:

s. 2(1)(a)

tax imposed under section 8 [imposition of tax on purchase of fuel] of the Carbon Tax Act in relation to fuel that is purchased in the remission period;

s. 2(1)(b)

tax imposed under section 8.1 [imposition of tax on fuel used for new purpose] of that Act in relation to fuel that is used in the remission period;

s. 2(1)(c)

tax imposed under section 9 [imposition of tax on transfer of fuel] of that Act in relation to fuel that is transferred in the remission period;

s. 2(1)(d)

tax imposed under section 10 [imposition of tax on fuel brought into British Columbia] of that Act in relation to fuel that is brought or sent into British Columbia in the remission period;

s. 2(1)(e)

tax imposed under section 11 [imposition of tax on use of fuel] of that Act in relation to fuel that is used in the remission period.

s. 2(2)

Authorization is given for the remission of the portion of tax paid or payable in relation to fuel that is equal to the product of

s. 2(2)(a)

the amount of the fuel, and

s. 2(2)(b)

the remission rate set out in Column 2 of Table 1 opposite the description of the fuel in Column 1.

s. 3 — Remission — carbon tax on combustibles

s. 3(1)

This section applies in relation to tax imposed under section 12 [imposition of tax on combustible] of the Carbon Tax Act in relation to a combustible that is burned in the remission period.

s. 3(2)

Authorization is given for the remission of the portion of tax paid or payable in relation to a combustible that is equal to the product of Table 1 Table 2

s. 3(2)(a)

the amount of the combustible, and

s. 3(2)(b)

the remission rate set out in Column 2 of Table 2 opposite the description of the combustible in Column 1.