The following organizations are exempted from the application of section 13 [service plans] of the Budget Transparency and Accountability Act
552513 British Columbia Ltd.
BC Infrastructure Benefits Inc.
BC Transportation Financing Authority
BCIF Management Ltd.
BC PNP Fast Track Fund Ltd.
British Columbia Enterprise Corporation
British Columbia Public School Employers' Association
British Columbia Railway Company and its subsidiaries
British Columbia Trade and Invest Ltd.
Canadian Blood Services
Community Social Services Employers' Association of British Columbia (CSSEA)
Creston Valley Wildlife Management Authority
Crown Corporations Employers Association
Health Employers Association of British Columbia
Leading Edge Endowment Fund
Nechako-Kitamaat Development Fund Society
Organized Crime Agency of British Columbia
Provincial Rental Housing Corporation
Rapid Transit Project 2000 Ltd.
Real Estate Foundation of British Columbia
The Post-Secondary Employers' Association
Transportation Investment Corporation
Statements of the Minister of Finance under section 24(3) of the Budget Transparency and Accountability Act.
As required by section 24(3) of the Budget Transparency and Accountability Act (BTAA), this statement is to provide the reasons for the Minister of Finance to recommend the following:
New Exemption from Service Plan and Annual Service Plan Report Requirements
A regulation has been enacted under which British Columbia Infrastructure Benefits Inc. is exempted from the application of sections 13 [service plans] and 16 [annual service plan reports] of the BTAA for the 2019/20 fiscal year only, due to the recent creation of the agency and the need for more time to prepare an informative service plan.
New Exemption from Service Plans and Annual Service Plan Reports Reporting Requirements
A regulation has been enacted under which The Real Estate Foundation of British Columbia (the Foundation) is exempted from the application of sections 13 [service plans] and 16 [annual service plan reports] of the BTAA for 2019/20 and subsequent fiscal years, as the Foundation has a separate legislated reporting framework which provides the necessary information for effective government oversight of the organization.
