BILL M201 – 2023
PROVINCIAL SALES TAX (USED PASSENGER VEHICLES)
AMENDMENT ACT, 2023

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

1 Section 34 of the Provincial Sales Tax Act, S.B.C. 2012, c. 35, is amended

(a) by adding the following subsection:

(1.01) In this section, "used passenger vehicle" means a passenger vehicle that has been

(a) previously purchased, and

(b) driven at least 6 000 kilometres. ,

(b) in subsection (3) by striking out "subsections (3.1), (5), (6) and (6.1)" and substituting "subsections (3.1), (5), (6), (6.1) and (6.2)" ,

(c) in subsection (3.1) by striking out "subsections (5), (6) and (6.1)," and substituting "subsections (5), (6), (6.1) and (6.2)" ,

(d) in subsection (5) by striking out "subsections (6) and (6.1)" and substituting "subsections (6), (6.1) and (6.2)" ,

(e) in subsection (6) by adding "or a used passenger vehicle" after "a zero-emission vehicle" , and

(f) by adding the following subsection:

(6.2) The rate of tax payable under sections 37, 49 (6) (a), 50 (2) (a), 51 (6), 52 and 81 to 86 on a passenger vehicle that is a used passenger vehicle is 0% of the purchase price of the used passenger vehicle, if the purchase price of the used passenger vehicle is less than $20 000.

Commencement

2 This Act comes into force on the date of Royal Assent.

Explanatory Note

CLAUSE 1: [Provincial Sales Tax Act, section 34]

• adds a definition;
• makes amendments consequential to amendments made by this Bill to the Act;
• reduces the rate of tax payable on a used passenger vehicle if the purchase price is less than $20 000.