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  • 207 (1) A registered owner of a charge, in this section referred to as the “prior charge”, may postpone that person’s rights under it by executing an instrument in the form approved by the director or in another form that may be acceptable to the registrar and, when in the approved form and registered, the instrument operates to postpone that person’s rights to those of the registered owner of the subsequent charge designated in the instrument in the same manner and to the same extent as if the prior charge had been registered immediately after the registration of the subsequent charge.
  • (2) [Repealed]

1979-219-202; 1997-45-51, effective February 1, 1998 (B.C. Reg. 1/98); 2004-66-100, effective January 20, 2005 (B.C. Reg. 16/2005).