41_2023 Property Transfer Tax Return (Vesting) Exemption Regulation B.C.

Contents
s. 1 — Exemption from filing requirements

In relation to a taxable transaction that is a transfer by which forfeited land is returned to a transferee under section 40 of the Taxation (Rural Area) Act, the transferee is exempt from the following requirements under the Property Transfer Tax Act:

s. 1(a)

the requirement under section 2 (1) (b) to file a return;

s. 1(b)

the requirement under section 2.02 (3) (b) to include with the return the information and records required by the administrator;

s. 1(c)

the requirement under section 2.02 (3) (c) to file the form established by the administrator.