Application in the City of Vancouver of section 3 of the Act

1  Section 3 (1) of the Hotel Room Tax Act applies in respect of accommodation purchased within the City of Vancouver.

 Additional Tax

2  The additional tax payable under section 3 of the Hotel Room Tax Act applicable to accommodation purchased within the City of Vancouver is 2% of the purchase price of that accommodation.

 Payment of money raised under this regulation

3  The additional tax paid under section 2 is to be paid to the Greater Vancouver Convention and Visitors Bureau, also known as Tourism Vancouver, and the purposes to which it may expend this tax revenue are

(a) convention centre marketing and tourism promotion, programs and projects, and

(b) the tourism industry's contribution to the expansion of the Vancouver Convention and Exhibition Centre.