Permissive exemption .?

400. (1) Prior to August 31 in any year, the council may, by bylaw adopted by 2/3 of
its members, exempt from taxation under section 273 (a), (b) and (c) for the next
calendar year cr, with the minister’s approval and the assent of the electors, for 2
period not exceeding 10 years, land, improvements or both

(2) owned or held, maintained and operated a3 a park or recreation ground
or for athletic or recreational purposes by another municipality;

(b) owned or held by an athletic or service club or association and used
principally as 2 public park or recreation ground or for public athletic
or recreational purposes;

(c) not being operated for profit or gain and owned by a charitable or
philanthropic organization supported in whole or in part by public funds
and used exclusively to help the poor, elderly, infirm or handicapped, or
as 3 home for the care of children;

(a owned and used exclusively by a horticultural or agricultural society;

e) owned and used for water purposes by another municipality;

(f) in whole or in part, owned by another municipality and used for 2n
airport, seaplane base or landing arca for sircraft;

(g) owned or held by a person or organization and operated as a private
hospital licensed under the Hospital Act or an institution licensed under,
the Community Care Facility Acts .

(h) in whole or in part, for which a grant has been made,. after March 31,
1974, under the Housing Construction (Elderly Citizens) Act.

(2) Subsection (1) also applies to

(a) a historical building, and the land on which it is situate;

(bd) land acquired for water purposes by another municipality but not
actually in use for any purpose; ; as

(c) the interest in schoot buildings of a non-profit organization specified by
the council that the non-profit organization, uses or occupies as licensee
or tenant of a board of school trustces. . .

(d) the part of a property that is taxable under section 411(1) and is used by
a non-profit organization.

1967-2S931; 106B-$5-00; 10€0-21-10; 19TS-1SS—A7; 1074-55-13; 1934-11-33,

effective May 14,1984(B.C. Reg. 181/84); 1988-20-39.

Exemption detalls

401. (1) An exemption from taxation under section 400 may apply to the whole or a

art of the taxable assessed value of land, improvements OF both. .
P (2) An evziaption for land under section 400 (1) (c) and (d) and (2) (a) shall in no

case extend to more than 2 ha. .
3) An exemption under section 400 (1) (b) and (c) and (2) (a) may, in the
cable to property where the registered Owner 1S

inion of council would otherwise

discretion of the council, be made apoli
for a2 organization which in the op

qualify
(4) The ¢c }
of premises described in sect. 3
5) A bylaw adopted u , i
property the use or ownership of which t )
to qualify for exemption, and thereafter taxation.
R31060-285-328(3,3,4),329; 1960-21-21; B.C. Rag, 304/77.

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