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15.2 Transparency Report Required If New Transparency Declaration Filed

In This Volume

  • 15.2 (1) Subject to section 13 [general rules for filing and completing transparency reports], this section and the exemptions, if any, in the regulations, a relevant corporation, a trustee of a relevant trust or a partner of a relevant partnership must file with the administrator a transparency report completed in accordance with Division 3 [Content of Transparency Reports] of this Part if, in relation to an interest in land,
  • (a) the corporation, trustee or partner filed a new transparency declaration under section 10.2(1) [filing of new transparency declaration to correct previous declaration],
  • (b) the corporation, trustee or partner did not previously file a transparency report under section 12(1) [transparency report required with application to register interest in land] with the application to register the interest in land, and
  • (c) a transparency report should have been filed under section 12(1).
  • (2) Subject to section 13, this section and the exemptions, if any, in the regulations, a reporting body must file with the administrator a new transparency report completed in accordance with Division 3 if, in relation to an interest in land, the reporting body filed a new transparency declaration under section 10.2(1).
  • (3) A transparency report required under subsection (1) or (2) must be submitted at the same time the transparency declaration is filed under section 10.2(1).
  • (4) Section 15(6) to (9) applies in respect of a transparency report required under this section.

2023-6-9, effective November 20, 2023 (B.C. Reg. 228/2023).