Gambier LTC Regular Meeting Addendum

Extracted text (beginning)

Gambier Island Local Trust Committee
 
Regular Meeting Addendum
 
Date:January 29, 2024
Time:10:00 am
Location:Electronic Meeting
Pages
12.  REPORTS
11:55 AM - 12:15 PM
12.7  Housing Statute Changes to British Columbia Legislation - Memorandum
2 - 16

  MEMORANDUM 
Z:\01 Administration\0400 Cooperation & Liaison\30 BC Gov\Ministries\MAH\PS_2024-01-18_LTC Opt-in_MEMO_DRAFT.docx  
Islands Trust Memorandum 1 
File No.: 400-30 
 12-RPT-HSNG 
DATE OF MEETING: January or February 2024 
TO: All Local Trust Committees 
FROM: Stefan Cermak, Director 
Planning Service 
SUBJECT:  Housing Statute Changes to British Columbia Legislation 
PURPOSE 
The  purpose  of  this  memorandum  is  for  Local  Trust Committee’s  to  receive  a  copy  of  the Housing  Statues  and 
Regulation  Changes  to BC Legislation briefings  received  at  Trust Council December  7,  2023 and subsequently 
updated  at  Executive Committee December  20,  2023.  The  Executive  Committee  recommends  that  Local  Trust 
Committees consider requesting to opt-in to the provincial’s principal residence requirement for short term rental 
accommodations. 
BACKGROUND 
On December 7, 2023, Trust Council received a briefing: Housing Statue Changes to British Columbia (Attachment 
1). The briefing provided an update and speaking notes on:  
 The Short Term Rental Accommodation Act (Bill 35) 
 The Housing Statutes (Residential Development) Amendment Act (Bill 44) 
 Housing Statutes (Development Financing) Amendment Act (Bill 46) 
 Housing Statutes (Transit Oriented Areas) Amendment Act (Bill 47) 
 Speculation and Vacancy Tax Act 
On December  20,  2023,  the Executive  Committee  received  an update (Attachment  2) to  the  above briefing as 
provincial regulations   were   adopted   the same   day   Trust   Council   considered the original   briefing. After 
consideration, the Executive Committee carried the following resolution: 
“That Executive Committee request staff to forward the housing statues and regulation changes of BC 
legislation to local trust committees with a recommended consideration of request for opting in to the 
short term accommodation regulation for the 2025 intake.”     CARRIED 
 
As per the attached briefing: 
A sample Local Trust Committee resolution to opt-in to the provincial principle residence requirement may read: 
That the [____] Local Trust Committee request that the Minister of Housing, on behalf of the Lieutenant 
Governor in Council, apply the principal residence requirement to the [____] Local Trust Area and that the 
[____] Local  Trust  Area  be  removed  from  the  exempt land as  per  S.  15  of  the Short-Term  Rental 
Accommodation Act. 
2

Islands Trust Staff Report 2 
Requests should include appropriate background information that describes the area and jurisdiction. The request 
must  be  submitted  to  the  Minister  of  Housing  by  March  31, 2024,  and  the  prescribed  period  of  time  starts  on 
November 1, 2024. If the Province grants a

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