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| B.C. Reg. 122/2003 O.C. 300/2003 |
Deposited March 28, 2003 |
Forest Act
1 For the purposes of sections 111 and 112 of the Forest Act, a holder of an agreement or licence described in Column 1 in the following table must pay to the government annual rent at the rate that is determined as the sum of the rates that are set out in Column 2 and Column 3 immediately opposite that agreement or licence:
Table
| Column 1 | Column 2 | Column 3 |
|---|---|---|
| Community forest agreement | $0.25m3, expressed as a yearly amount, for the volume designated under section 8 (7) of the community forest agreement area | $0.12/m3, expressed as a yearly amount, for the volume designated under section 8 (7) of the Forest Act of timber harvested from the Crown land portion of the community forest agreement area |
| Forest licence | $0.25/m3 of allowable annual cut | $0.12/m3 of allowable annual cut |
| Timber licence | $1.25/ha | $0.60/ha |
| Timber sale licence that specifies an allowable annual cut greater than 10 000 m3 | $0.10/m3 of allowable annual cut | $0.12/m3 of allowable annual cut |
| Tree farm licence | $0.45/m3 of allowable annual cut | $0.12/m3 of allowable annual cut |
| Woodlot licence | $0.50/m3 of allowable annual cut | $0.10/m3 of allowable annual cut |
2 With respect to a woodlot licence, $0.25/m3 of the rate set out in Column 2 of the table in section 1 is allocated under section 112.1 of the Forest Act to represent money payable to the Woodlot Product Development Council.
Note: this regulation replaces B.C. Reg. 353/87.
[Provisions of the Forest Act, R.S.B.C. 1996, c. 157, relevant to the enactment of this regulation: sections 111, 112, 112.1]
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