First Nations Property Assessment and Taxation (Railway Rights-of-Way) Regulations

Marginal note:Definitions

1 The following definitions apply in these Regulations.

adjacent area

adjacent area in respect of a first nation set out in Schedule 1, means the incorporated or unincorporated area bordering a majority of those reserves of the first nation that contain right-of-way areas. (zone adjacente)

adjustment factor

adjustment factor means the adjustment factor set out in the Adjustment Factors Relating to the Valuation of Railway Corporation Property Regulation, B.C. Reg. 324/96, as amended from time to time. (facteur de rajustement)

fibre optic improvements

fibre optic improvements means fibre optic fibres, sheaths, wrapping, conduits, cables and other related improvements. (équipement de fibres optiques)

incorporated area

incorporated area means an area incorporated as a municipality under the Local Government Act of British Columbia. (zone constituée)

property

property means a right-of-way, any other right or interest in lands, or improvements. (propriété)

provincial taxation laws

provincial taxation laws means the laws and regulations of the Province of British Columbia respecting property taxation — including the Assessment Act, the Adjustment Factors Relating to the Valuation of Railway Corporation Property Regulation, the Hospital District Act, the School Act, the Local Government Act and the Taxation (Rural Area) Act, as amended from time to time. (lois fiscales provinciales)

right-of-way area

right-of-way area in respect of a first nation set out in column 1 of Schedule 1, means the lands described in column 2. (zone d’emprise)

track in place

track in place has the same meaning as track in place of a railway corporation in subsection 21(15) of the Assessment Act of British Columbia, as amended from time to time. (voie ferrée existante)