In this regulation:
Act means the Farming and Fishing Industries Development Act;
council means the Woodlot Product Development Council established by the minister under section 2 of the Act;
levy means a levy established by the council under section 4 (1) of the Act;
woodlot licence means a woodlot licence entered into under the Forest Act.
Every holder of a woodlot licence must pay an annual levy to the council at the rate established by the council under section 4 (1) of the Act.
The levy required by subsection (1) will be included in the annual rent for a woodlot licence in accordance with section 2 of the Annual Rent Regulation, B.C. Reg. 122/2003.
On receipt of the council must refund the levy to the holder of the woodlot licence.
an application from the holder of a woodlot licence in accordance with section 5 of the Act, and
verification, in a form acceptable to the council, of the payment of a levy,