10 Restriction On Contracting Powers

• 10 In the period after the first conveyance of a strata lot to a purchaser but before the first annual general meeting, no contract or transaction may be entered into by or on behalf of the strata corporation with either the owner developer or a person who is not at arm’s length to the owner developer, unless the contract or transaction is approved by a resolution passed by a unanimous vote at a special general meeting.

1998-43-10, effective July 1, 2000 (B.C. Reg. 43/2000).