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  • 22 Within one week after the first annual general meeting, the owner developer must
  • (a) transfer control of the strata corporation’s money to the newly elected council, and
  • (b) deliver to the newly elected council any keys, garage door openers or other means of access that the owner developer possesses for the purposes of exercising the powers and performing the duties of the council.

1998-43-22, effective July 1, 2000 (B.C. Reg. 43/2000).

REGULATIONS

Phased Strata Plans: Section 22(b)

See s. 13.4 of the Strata Property Regulation, B.C. Reg. 43/2000, at chapter 59 (Strata Property Regulations), regarding the application of s. 22(b) of the Act to phased strata plans.