Victoria By-law 21-035, s. 20(2) — Tree Protection Bylaw

Notwithstanding subsection (1), if a retained tree has no risk of being damaged by the proposed site disturbance, construction, or other action, and the Director is satisfied of the same, the amount of security required for that tree is $0. Release of Security 27 (1) Subject to subsection (5), the City will release the security provided by the tree permit applicant for any replacement trees under this Bylaw by:

• (a) subject to subsection (2), releasing 50% of the security to the tree permit applicant upon the applicant providing written confirmation, in a form prescribed for that purpose by the Director, of the planting of the replacement tree, and
• (b) releasing the remainder of the security to the tree permit applicant upon the applicant providing written confirmation, in a form prescribed for that purpose by the Director, that the replacement tree has been successfully maintained for at least one year after planting.