Skip to main content

In This Volume

  • 17.22 (1) A strata corporation that is subject to a schedule of interest on destruction may cancel that schedule of interest on destruction as follows:
  • (a) a resolution approving the cancellation must be passed by a unanimous vote at an annual or special general meeting;
  • (b) an application to file the resolution required under paragraph (a) must be made to the registrar accompanied by a Certificate of Strata Corporation in the prescribed form stating that the resolution was passed by a unanimous vote at an annual or special general meeting.
  • (2) The resolution under subsection (1) must be filed and the notations made in the records of the registrar that the registrar considers necessary, if the registrar is satisfied that the application and accompanying documents comply with subsection (1)(b) and the Land Title Act and regulations made under that Act.
  • (3) A resolution under subsection (1)(a) has no effect until filed under subsection (2).
  • (4) Section 273(1) and (2) of the Act, for the purposes of section 272 of the Act, and section 278(1) and (2) of the Act, for the purposes of section 277 of the Act, apply to a strata corporation that has cancelled a schedule of interest on destruction in accordance with subsections (1) and (2).

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