1992 Legislative Session: 1st Session, 35th Parliament
THIRD READING
The following electronic version is for informational purposes only.
The printed version remains the official version.
Certified correct as passed Third Reading on the 2nd day of June, 1992
Ian D. Izard, Law Clerk.
MINISTER OF FINANCE AND
CORPORATE RELATIONS
HER MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of British Columbia, enacts as follows:
1 Section 2 (2.1) of the Home Owner Grant Act, S.B.C. 1980, c. 18, is repealed.
2 Sections 3, 3.1 and 3.2 are each amended
(a) by repealing subsections (3.1) and (4.1), and
(b) in subsection (5) by striking out "and the supplementary grant under subsection (3.1)".
3 Schedules 1 and 2 are repealed and the following substituted:
SCHEDULE 1 |
|
Current Year Taxes |
Amount of Grant |
$800 or more |
$450 |
Less than $800 |
Current year taxes minus $350 |
SCHEDULE 2 |
|
Current Year Taxes |
Amount of Grant |
$820 or more |
$720 |
Less than $820 |
Current year taxes minus $100 |
4 This Act shall be deemed to have come into force on January 1, 1992 and is retroactive to the extent necessary to give it effect on and after that date.
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Copyright © 1992: Queen's Printer, Victoria, British Columbia, Canada