NAPTEP Annotated Conservation Covenant
· Islands Trust Area · Agreements · 2022
Original Trust document
· 830 KB
· SHA-256 36a83ec6109f901f…
65,943 characters of machine-extracted text. Extraction is automatic and can be wrong; the original governs.
Topics: Fresh water & aquifers · Bylaw enforcement · First Nations & reconciliation · Governance & budget — our classification, not the Trust's.
Extracted text (beginning)
NAPTEP Annotated Covenant Revised: April 7, 2022 Page 1 ANNOTATED CONSERVATION COVENANT ____________________________________________________________________________________ HOW TO USE THIS DOCUMENT The following is an annotated standard Natural Area Protection Tax Exemption Program (NAPTEP) covenant. The left hand column contains the NAPTEP covenant as it is written. The right hand column contains comments that refer to and explain the covenant in plain English. This document is not intended as a substitute for legal advice. All landowners wishing to participate in NAPTEP are strongly encouraged to obtain independent legal and tax advice. ACKNOWLEDGEMENT We would like to thank West Coast Environmental Law for permission to use the following document as a resource for this document: Hillyer A. and J. Atkins. Greening Your Title: A Guide to Best Practices for Conservation Covenants, Second Edition. West Coast Environmental Law Research Foundation. Vancouver, British Columbia: 2005. Greening Your Title is available from West Coast Environmental Law in print by calling 1-800-330-WCEL, or online via their website, https://www.wcel.org/publication/greening-your-title-guide-best-practices- conservation-covenant-3rd-edition. NAPTEP Annotated Covenant Revised: April 7, 2022 Page 2 ANNOTATED STANDARD CONSERVATION COVENANT FOR THE NATURAL AREA PROTECTION TAX EXEMPTION PROGRAM (NAPTEP) *NOTE: The terms in this conservation covenant are the minimum requirements needed to enter the NAPTEP Program. The Owner may include additional restrictions (see Article 4). The Islands Trust Conservancy reserves the right to modify the standard conservation covenant from time to time as advised by legal counsel. TERMS OF INSTRUMENT – PART 2 Section 219 Conservation Covenant and Section 218 Statutory Right of Way This Agreement dated for reference [insert date], is Part 1 is the Land Title Act Form C to which Part 2 is attached. Section 219 of the Land Title Act authorizes a provincially designated body to hold a registered interest in land for the purposes of conservation. Section 218 of the Land Title Act allows the owner to give the covenant holder(s) the right to enter onto the owner’s land to ensure compliance with the covenant. AMONG: Name, and address of the owner(s) (the “Owner”) AND: Islands Trust Conservancy, a corporation under the Islands Trust Act (British Columbia) with its office at 200 - 1627 Fort Street, Victoria, B.C. V8R 1H8 (the “Conservancy”) The Islands Trust is composed of three corporate entities: Trust Council, which brings together 26 local and municipal trustees as a federation to deal with issues that affect the Islands Trust area. 13 Local Trust Committees and one Island Municipality, which undertake local land use planning within their islands Islands Trust Conservancy, which oversees a conservation land trust, the Is
First 3,000 characters. Open the original for the whole document.