17.20 Plan Amendments—effect On Schedule Of Interest On Destruction

• 17.20 (1) If a strata corporation that is subject to a schedule of interest on destruction applies under section 259 of the Act to amend a strata plan to add to, consolidate or divide a strata lot, the application must be accompanied by an Amended Schedule of Interest on Destruction which shows

• (a) the same interest on destruction for each strata lot in the strata plan, except the strata lots being altered by the amendment, as is shown on the schedule of interest on destruction,
• (b) the same aggregate of interests on destruction for all strata lots in the strata plan as is shown on the schedule of interest on destruction, and
• (c) the new interests on destruction for the new strata lots created by the amendment, derived by apportioning the interest on destruction for the strata lots being altered to the new strata lots.

• (2) If a strata corporation that is subject to a schedule of interest on destruction applies under section 262 of the Act to amend a strata plan to make land held by the strata corporation into a new strata lot, the application must be accompanied by

• (a) an Amended Schedule of Interest on Destruction which shows
  • (i) a new interest on destruction for each strata lot in the strata plan including the new strata lot, and
  • (ii) the aggregate of interests on destruction for all the strata lots in the amended strata plan, and
• (b) a Certificate of Strata Corporation in the prescribed form stating that the Amended Schedule of Interest on Destruction referred to in paragraph (a) has been approved by a unanimous vote at an annual or special general meeting.

• (3) The Amended Schedule of Interest on Destruction referred to in subsection (2) must be approved by a unanimous vote at an annual or special general meeting.
• (4) If a strata corporation that is subject to a schedule of interest on destruction applies under section 263 of the Act to amend a strata plan to add a strata lot to the common property, the application must be accompanied by an Amended Schedule of Interest on Destruction which shows

• (a) the same interest on destruction for each strata lot in the strata plan, except the strata lot being added to the common property, as is shown on the schedule of interest on destruction, and
• (b) the aggregate of interests on destruction for all the strata lots in the amended strata plan.

• (5) Section 267 of the Act applies to an Amended Schedule of Interest on Destruction referred to in subsection (1), (2) or (4) and to the Certificate of Strata Corporation referred to in subsection (2) as though those documents were listed in section 267(d) of the Act.

[en. B.C. Reg. 289/2000, Sched., s. 2.]