Hotel Room Tax Act Additional Tax Regulation for the City of the City of Vernon

Definition

1 In this regulation, "Act" means the Hotel Room Tax Act.

Applicability of additional tax

2 February 28, 2010 is the prescribed date after which section 3 of the Act applies in respect of accommodation purchased in the City or Vernon.

Prescribed rate of additional tax payable

3 The additional tax payable under section 3 (1) of the Act is 2% of the purchase price of accommodation purchased in the City of Vernon.

Prescribed purpose for expenditure of additional tax

4 The City of Vernon may spend the amount paid to it out of the revenue collected from the additional tax for tourism marketing, programs and projects.

Repeal

5 This regulation is repealed effective July 1, 2011.

[Provisions of the Hotel Room Tax Act, R.S.B.C. 1996, c. 207, relevant to the enactment of this regulation: section 43 (2)]