HIS MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of British Columbia, enacts as follows:

Motor Fuel Tax Act

1 The Motor Fuel Tax Act, R.S.B.C. 1996, c. 317, is amended by adding the following section:

Interim tax relief

4.1 (1) The Lieutenant Governor in Council may, by regulation, suspend all or part of the tax on gasoline payable under sections 4 (1) (a) and (b) and 10 for a period of no more than six consecutive months.

(2) A regulation made under subsection (1) must specify

(a) the tax measure to be suspended,

(b) the amount of tax suspended, and

(c) the duration for which the tax is to be suspended.

Greenhouse Gas Reduction (Renewable and Low Carbon Fuel Requirements) Act

2 Section 25 of the Greenhouse Gas Reduction (Renewable and Low Carbon Fuel Requirements) Act, S.B.C. 2008, c. 16, is amended by adding the following subsection:

(3) A Part 2 fuel supplier may apply for an exemption under subsection (1) (o) if the fuel supplier supplies less than 75 million litres of Part 2 fuels per year.

3 Section 26 is amended by adding the following subsection:

(3) A Part 3 fuel supplier may apply for an exemption under subsection 1 (q) if the fuel supplier supplies less than 75 million litres of Part 3 fuels per year.

Commencement

4 This Act comes into force by regulation of the Lieutenant Governor in Council.

Explanatory Notes

CLAUSE 1: [Motor Fuel Tax Act, section 4.1] provides for the Lieutenant Governor in Council to make regulations to suspend all or part of tax payable on gasoline purchased in certain areas for a period of no more than six consecutive months.

CLAUSE 2: [Greenhouse Gas Reduction (Renewable and Low Carbon Fuel Requirements) Act, section 25] provides for an exemption for certain suppliers of Part 2 fuels.

CLAUSE 3: [Greenhouse Gas Reduction (Renewable and Low Carbon Fuel Requirements) Act, section 26] provides for an exemption for certain suppliers of Part 3 fuels.