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12 Transparency Report Required With Application To Register Interest In Land

In This Volume

  • 12 (1) Subject to this section, section 13 and the exemptions, if any, in the regulations, on an application to register an interest in land in the name of
  • (a) a relevant corporation
  • (b) a trustee of a relevant trust, or
  • (c) a partner of a relevant partnership,
  • the corporation, trustee or partner must file with the administrator a transparency report completed in accordance with Division 3 [Content of Transparency Reports].
  • (2) A transparency report required under this section must be filed by submitting the report to the registrar, together with the application to register the interest in land.
  • (3) A transparency report submitted under this section must be certified in accordance with section 25 [certification of transparency declarations and transparency reports].
  • (4) If the application to register referred to in subsection (2) is submitted under Part 10.1 [Electronic Filing] of the Land Title Act,
  • (a) the transparency report must be
    • (i) signed in accordance with section 26 [electronic signing] of this Act, and
    • (ii) signed in accordance with section 26 [electronic signing] of this Act, and
  • (b) the applicable filing fee must be paid electronically.
  • (5) If the application to register referred to in subsection (2) is not submitted under Part 10.1 of the Land Title Act,
  • (a) the transparency report must be submitted in the form and manner required by the administrator under section 87(1) [how documents must be given to registrar or administrator] of this Act, and
  • (b) the applicable filing fee must be paid at the time and in the manner required by the administrator under section 89(1) [how fees must be paid to authority] of this Act.

2019-23-12, effective November 30, 2020 (B.C. Reg. 250/2020).

FORMS

Transparency Report

Hardcopy submissions are only accepted under the exemptions set out in the E-filing Directions v. 1.9, available at https://ltsa.ca/wp-content/uploads/2020/10/E-filing-Directions.pdf. Forms can be obtained at https://ltsa.ca/property-owners/make-changes-to-title/changes-to-ownership/.

Electronic Submissions

Electronic transparency reports must be completed online and submitted to the registrar using a myLTSA Enterprise account and comply with the instructions provided in the Administrator’s Requirements for Filing and Applications, v. 1.1, available at www.landtransparency.ca/wp-content/uploads/2021/02/Administrator-Requirements-for-Filing-and-Applications-v1.1.pdf.

Hardcopy Submissions

Hardcopy submissions are only accepted where the LOTA requires that the transparency report be submitted with an application to register an interest in land, and the application to register is received by the registrar under the exemptions set out in the E-filing Directions or on an exceptions basis as permitted by the registrar in accordance with E-filing Directions v. 1.9, available at https://ltsa.ca/wp-content/uploads/2020/10/E-filing-Directions.pdf.

The administrator has designated the paper forms for transparency declarations and transparency reports, published at www.landtransparency.ca.

Hardcopy forms must be completed in compliance with the instructions provided in s. 2.3 of the Administrator’s Requirements for Filing and Applications at https://landtransparency.ca/wp-content/uploads/2021/02/Administrator-Requirements-for-Filing-and-Applications-v1.1.pdf.