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Property Transfer Tax Act, R.S.B.C. 1996, c. 378, s. 16

  • A conservation covenant may be registered in favour of the Crown, with the approval of the Lieutenant Governor in Council, which qualifies the encumbered land for a property transfer tax exemption under the Act. For further information, see chapter 56 (Property Transfer Tax Act, R.S.B.C. 1996, c. 378).